COVID-19 & Small Business cashflow, Inventory Planning, Ecommerce Trends, and future supply chains - EP36

What you’ll learn:

On today’s episode, host Luke Peters commandeers the mic to lead us through actionable ways businesses can fix cash flow in these unprecedented times. Peters also gives his market predictions for Q2, Q3, and Q4 followed by some unexpected positivity that’s emerged in response to the virus. And stay tuned for more Coronavirus coverage. Every future episode will begin with COVID-19 discussions with our guests, who will share their thoughts, opinions, and guidance for businessowners who need help navigating all the obstacles that this emergency throws at them.

About our host:

Luke Peters started NewAir Appliances out of his garage with this wife 18 years ago. He continues to grow the company and strive towards the goal of becoming the most trusted brand in compact appliances. He recently founded Retail Band as a strategic consulting practice to help other brands grow their digital sales like he did with Newair. If you would like to grow your DTC, Amazon, Home Depot, Walmart, or Wayfair sales online, his new company helps in a strategic way by also working towards the growth of your brand enterprise value.

Key takeaways from this episode:

• Why businesses should think and plan for themselves before receiving government direction—2:30
• The current landscape: what small businesses are up against in this crisis—3:55
• Will the PPP make a positive impact on small businesses and the market?—5:00
• How fixing your Demand Plan with fix your cash flow—6:21
• How to react and respond to COVID-19 when the future is unknown—7:34
• The impact on Q2, Q3, and Q4—8:40
• Google trends: online buying trends on big box retailers (Home Depot, etc.)—8:45
• Positive news: how the crisis has unified the world and created inspiring public responses—9:55
• How to think about your future supply chain—11:32

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Episode References:  Macro Voices Podcasts

Contact Luke: [email protected] + LinkedIn 

Listen, Subscribe, Review: Apple Podcasts + Spotify Podcasts