31. What to do when your business is struggling...

Fuel bills are going up, grocery bills are rocketing, inflation is high. Whether or not we're heading for a recession, times are tricky for us all right now - and they're even more tricky for a business owner, when you're being squeezed on both sides.  

So what can you do?

In this episode, I go through my 3-step G E T  plan to follow when times are tough and you don't know what to do.

Here's a summary:

G - Gather information about which products are selling well and what your customers actually want.

E - Engage - with your customers - keep the conversation going with them, even when you don't feel like it.

T - Take action - create a mini-action plan centred around the information you found out when you 'gathered it' earlier.  Chuck out the stuff that's not been working for you, launch things that you know will.  And declutter. Lots.

Tough times and recessions are great times to take a look back at your business to see what's no longer working and what might work even better.

You can do this!

A huge good luck - and if you want to hear more about the GET plan - drop me a line and let me know, as I can create more resources around it.

Story Slurp is hosted and produced by Victoria Brown.

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