Week 37 Day 3 Action Items

Day 3

• [ ] Assess how economic downturns can affect sales, cash flow, and customer behavior.
• [ ] Explore strategies to adapt business operations during downturns.

Reflection Questions: If you have been in business for a few years, review past financials to see how your sales, cash flow, and customer base changes over time. What did you learn from this review?

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Pivot Strategies

How can you adjust your business plan to keep your business thriving during various points in the economic cycle? Brainstorm some options below.

1. Idea 1
2. Idea 2
3. Idea 3
4. Idea 4
5. Idea 5