Sean and Keran explore how to prepare for a recession as a small business. We discuss layoffs, profits, discounts, surviving, and more!
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Timestamps
Intro (0:00)
1. Know the News (0:39)
2. Monitor Payroll (1:19)
3. Cut Rent Expenses (2:05)
4. Cut Unused Tools and Software (2:41)
5. Trim Unprofitable Services and Products (5:25)
6. Save on Taxes (7:25)
7. Keep Cash (8:13)
8. Keep Marketing (8:29)
9. Keep Marketing (8:29)
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
