Contractor Growth Network #129: The Current Economy & Small Business
What do you need to be doing with your small business today? Everything is shutting down, so, what does this mean for small business owners? As businesses begin closing stores and adjusting hours, the government is going to try to ease the effects by lowering interest rates on small-business loans, thus making it easier for small businesses to borrow money. If you are a contractor, then you fall into this category. Stay tuned to hear about how this affects you and what you should do!
In this episode, we talk about…
- What does this slow in the economy mean for small business owners?
- The government is bringing down the requirements for small-business loans
- Here’s what contractors can do today to be proactive during this time
- Make sure that you have access to some long-term money
- How to talk to your accountant and lawyer about moving forward
- Why you should definitely not stop marketing to your customers
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