The Dow and Nasdaq are up but so is the FED prime interest rate. Are we in a recession? We are still fighting inflation and trying to slow the economy and price increases. How do you manage all these data points to make the best decisions for your business and even your personal life?
Are you balancing value and return on spending? Most firms and people entered 2023 thinking about tightening the belt a few notches and reducing expenditures in areas to impact the bottom line. What have been your first half results from your actions/decisions?
I still see restaurants full, many cars on the highways, vacation communities/venues booked solid, houses selling over list and the airport busier than ever. This suggests confidence but are you spending in the right areas for the short to long term? Are you just trying to survive this and come out on the other side or do you want to take these times as an opportunity to jump the competition, the market, and time to be in a far better position once rates come back and capital is more affordable?
Let's talk! There are strategic initiatives you should be considering and executing.
