How to React when Life Throws you a Curveball
A curveball can come in all shapes and sizes. There are the small ones that just throw you off track a little bit, and then there are big ones that come out of nowhere that rock you to your core.Â
As business owners, we’re on the receiving end of a curveball all the time.
A CURVEBALL COULD BE:
- the client who doesn’t pay your invoice on time,Â
- a client who promises to pay your invoice on a particular date and doesn’t
- the employee who demands a pay increase
- an employee who resigns unexpectedly
- notice from your landlord to vacate the premises or not extend your lease
- major price increase from a supplier
- a significant change in the exchange rate that impacts your purchases
- your bookkeeper disappears without a traceÂ
- a major client doesn’t renew their contract
- you lose your biggest customer or client
SWOT ANALYSIS.
In reality, we should be ready for curveballs. We should have thought about the various possibilities of what could go wrong and considered their financial impa...
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