How Will a Recession Affect Your Multichannel Operation?
Metrics that provide early warning signs of a slowdown
5 Ways to Ride Out the Storm
Now that you know what to look for, what can you do if you see sales slowing? Here are five steps to help you weather the storm.
1. Protect your profitability by cutting back on marginal circulation.
2. Protect your cash flow by ordering less merchandise.
3. Monitor staffing levels.
- People:
- Jim Coogan
- Places:
- Santa Fe, N.M.
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