Tips and Tools for Small Business Leaders
December 2022
The Inspire Results newsletter is published monthly
Unfavorable Economic and Political Times: Embracing 2023

The economic and political landscapes aren’t all that favorable lately and that has some business owners running scared. A business owner’s reflexive response to unfavorable economic and political times is often to cut spending, become cautious about new initiatives, and generally slow things down.

As business coaches, we know what works in times like these because we’ve navigated them in our own business and emerged successfully and, of course, we’ve steered hundreds of business owners through them successfully.

Our advice to get through unfavorable economic and political times falls into 3 buckets…

First, if you haven’t already, create your planning documents. Look at what’s most important and determine what you want 2023 to look like. Use our Single Sheet Business Plan to forecast your longterm 10-year+ goals, your midterm 5-year goals, your 2023 goals, and then use our Quarterly Action Plan sheet to list the actions necessary to complete 1st quarter 2023 goals.

Once you have your goals outlined, do contingency planning. If interest rates decline, what will you do? If the housing market collapses? If the cost of your debt goes through the roof? Get your contingency plans outlined so you have a sense of how you’ll react in various scenarios.

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Upcoming Events
Growth Plan Workshop

January 12th, 2023    
Holiday Inn Indianapolis Airport
8555 Stansted Rd, Indianapolis, In 46241

9 am - 3 pm

Discover the potential in your business by completing your Single Sheet Business Plan.  Then break it into quarterly, monthly, weekly & daily goals and get a line-of-sight from your daily tasks to your 10-30 year purpose.  Step out of the day-to-day business for just 1 day, get organized, complete a prescribed planning process, and walk away with an action plan that leads to greater profits and free time back.

For owners & leaders of small to medium sized businesses. Bring your 2nd-in-command or your whole leadership team!

*Registration Required
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