Short Term Vs. Long Term Strategy In An Economic Downturn

Stacy Tuschl is a speaker, business coach, and the owner of The Academy of Performing Arts in Wisconsin. She is the author of the book "Is Your Business Worth Saving?" where she reveals proven strategies for pulling entrepreneurs out of a rut and launching them toward business success.

Welcome back to another episode of the Foot Traffic podcast!!

Clients are asking should we be thinking long term or short term right now? What is the better strategy? Honestly it is not an either or situation here. It is all about finding the right balance.

Some highlights include:

• What strategy we are implementing to keep our business at almost 90% retention right now

• The pro's and con's of short term versus long term

• And mistakes I'm seeing small business owners make when it comes to planning during Covid-19

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