Posts

Showing posts with the label recessionproof

7 Best Christmas Tree Stands in 2022

Image
Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
Post a Comment
Read more

5 Ways to Recession-Proof Your Ads

Image
Opinions expressed by Entrepreneur contributors are their own. Depending on the headlines you believe, we're either headed for a long, ugly recession , or parts of the world are already in one . Either way, it's not pretty — and consumers and advertisers are bracing for impact. Even in July, when the markets were momentarily showing signs of recovery, and gas prices were dropping, 54% of U.S. adults said they plan to pull back on their spending for the remainder of 2022. While that means budget cuts and even layoffs are a reality, it doesn't have to mean that your advertising dollars stop working for you. Lessons from the past give us a good idea of what consumers are thinking and what that means for how to advertise in the months ahead. Related: 6 Recession-Proof Business Marketing Strategies Consumer behavior during economic downturns and recessions A recent study from Stanford quantified how different consumers experience economic downturns and ...
Post a Comment
Read more

5 Ways to Recession-Proof Your Ads

Image
Opinions expressed by Entrepreneur contributors are their own. Depending on the headlines you believe, we're either headed for a long, ugly recession , or parts of the world are already in one . Either way, it's not pretty — and consumers and advertisers are bracing for impact. Even in July, when the markets were momentarily showing signs of recovery, and gas prices were dropping, 54% of U.S. adults said they plan to pull back on their spending for the remainder of 2022. While that means budget cuts and even layoffs are a reality, it doesn't have to mean that your advertising dollars stop working for you. Lessons from the past give us a good idea of what consumers are thinking and what that means for how to advertise in the months ahead. Related: 6 Recession-Proof Business Marketing Strategies Consumer behavior during economic downturns and recessions A recent study from Stanford quantified how different consumers experience economic downturns and ...
Post a Comment
Read more

5 Things to Do Now to Propel Your Business in 2023

Image
Opinions expressed by Entrepreneur contributors are their own. Entrepreneurship is a daily leap of faith. In times of economic uncertainty, that leap may feel like a dive off a cliff. We are in one of those times. It likely will take months to fully re-adjust to the forces that have pummeled the world's economy, and to entrepreneurs, months can feel like years. With the right playbook, entrepreneurs can survive and thrive in whatever economic scenario. Here are five things you can do to propel your business ahead now and through the difficulties of business cycles for years to come. 1. Learn the lessons of more challenging times A rocky economy presents a unique opportunity to make tough decisions about the business plan. Everything is open to reexamination. How has the market changed? Are your customers facing challenges that create new opportunities for your solutions? How do new conditions change your assumptions, and what actions do you need to take in ...
Post a Comment
Read more

Prioritize This Tool to Increase Customer Satisfaction in a Recession

Image
Opinions expressed by Entrepreneur contributors are their own. As economists continue to debate whether or not a recession is in fact going to happen, many companies are busy developing strategic plans should this come to fruition, taking the "hurry up and wait" mentality and focusing efforts on becoming more efficient with their dollars. The past few years have been transformative for many, and hopefully, your business has implemented some customer experience and digital transformation initiatives. Maybe you were already ahead of the curve or in more cases than not, the pandemic lit a fire under your organization as it did for many others. But if not, the good news is that it's not too late to get started and with the economic uncertainty, now is a perfect time. The first step? Giving your customers what they really want with self-service options, which in turn will help you operate more efficiently from a digital perspective and more importantly,...
Post a Comment
Read more

What Is a Recession and How Do You Prepare for One?

Image
The news is abuzz with rumors of the next recession coming in 2023 or 2024. But for most Americans, all of that triggers a sudden panic and a desperate need to look at one's bank account. What is a recession, what does it mean, and how can you prepare yourself and your family's finances for one? This article will answer each of these questions and more. By the end, you'll know what to expect and how to prepare for a recession. What is a recession? According to economists working for the National Bureau of Economic Research, a recession is a prolonged period of economic downturn or declining economic activity. It affects a nation's or the world's entire economy and lasts for a few months or more. In some ways, the best way to understand the recession is to compare it to "regular" or positive economic activity and GDP. GDP (gross domestic product) is essentially the combined value of the goods and services made by an economy, like the America...
Post a Comment
Read more

Once a Skeptic, Elon Musk Now Embraces This Divisive Workplace Policy — and You Should, Too.

Image
Opinions expressed by Entrepreneur contributors are their own. As part of ongoing cost-cutting measures under new owner and CEO Elon Musk, Twitter is shutting down its Seattle offices and instructing employees to work remotely. That's despite Musk earlier claiming that remote workers are only "pretending to work" and banning remote work at Twitter upon taking it over in early November. So what explains his change of heart? Apparently, it's the costs associated with the company's Seattle office, including rent but also services such as cleaning and security. The fact that Musk — an extreme skeptic of remote work — acknowledged its cost-cutting benefits illustrates the future of remote work for the U.S. economy. It highlights the misleading nature of many headlines that claim an impending recession would lead to the end of remote work since a cooling labor market will give executives more control to require employees to return to the ...
Post a Comment
Read more

Prioritize This Tool to Increase Customer Satisfaction in a Recession

Image
Opinions expressed by Entrepreneur contributors are their own. As economists continue to debate whether or not a recession is in fact going to happen, many companies are busy developing strategic plans should this come to fruition, taking the "hurry up and wait" mentality and focusing efforts on becoming more efficient with their dollars. The past few years have been transformative for many, and hopefully, your business has implemented some customer experience and digital transformation initiatives. Maybe you were already ahead of the curve or in more cases than not, the pandemic lit a fire under your organization as it did for many others. But if not, the good news is that it's not too late to get started and with the economic uncertainty, now is a perfect time. The first step? Giving your customers what they really want with self-service options, which in turn will help you operate more efficiently from a digital perspective and more importantly,...
Post a Comment
Read more

Popular posts from this blog

Pick a Ceiling Fan Based on a Room's Square Footage

Image
Photo : Serkanyalcinkaya ( Shutterstock ) With energy costs continuing to rise, ceiling fans are becoming an increasingly popular way to make homes more energy efficient. As we’ve written about in the past, not only can ceiling fans keep your home cooler in the summer— with or without air conditioning —but they can also help your home stay warm and toasty in colder weather. 02:15 How to Steam an Egg Wednesday 11:19AM But when it comes to choosing a ceiling fan, it’s not solely a matter of finding one to match your decor: You should also consider the room’s square footage in order to ensure that the fan is able to get the job done. Here’s what to know. How to buy the right size ceiling fan for a room First, you need to figure out the square footage of the room where you’re going to hang the ceiling fan. Find the square footage of the room You can use an online square footage calculator , or do the math : Measure the length of the room (in feet) Measure the width of the room (in ...
Read more

An Existentialist Guide to Feeling Nothing

Image
I recently watched “ the greatest film of all time ,” and the most boring one. In retrospect, the title alone should have been a sufficient warning: Jeanne Dielman, 23 Quai du Commerce, 1080 Bruxelles . Alas, I’m old enough to be a bit nostalgic about massive telephone address books. And massive it is. Clocking over 200 minutes, Chantal Akerman's 1975 dreary drama follows three days in the monotonous routine of Jeanne, a widow, a mother, and a prostitute. I watched Jeanne’s autopilot existence, until, staring at her back as she washes dishes, I decided to fast-forward a couple of minutes, only to discover she was still at it. And Jeanne is equally thorough when she’s busy baking, cleaning, folding laundry, or shining her son’s shoes. She speaks so scarcely and mechanically, that it’s impossible to detect any emotion or volition beyond her carefully controlled chores . Watching Jeanne Dielman is what the word “painstaking” was invented for. Chantal...
Read more

6 of the Best Drinking Games to Play During Super Bowl LVII

Image
Photo : Pixel-Shot ( Shutterstock ) This game is nearly identical to the “drink every time” game above, but adjusted for shots, so it’s for those trying to party a little harder. The idea is to make a list of shot-worthy occurrences—like “a coach yells at a referee” or “something goes wrong during the halftime show”—and then take a shot whenever they happen. If the promise of regular shots isn’t enough for you, we have another twist for you: The “1, 2, 3" rule. The first time something from your shot list happens, you take one shot. The second time it occurs, take two. The third, three...and then hopefully you don’t push your health and safety past that point. On the other hand, you can always choose to sip instead of taking a full shot. Again, none of these party games have to involve alcohol. But they definitely can if you want them to. Super Bowl LVII is on Sunday, Feb. 12, 2023. Kickoff is scheduled for 6:30 p.m. E T /3:30 p.m. P T. https://www.tausiinsider.com/6-of-...
Read more