Adjusting for Slowdown?With a slew of broad indicators pointing to a slowing economy, the strong business climate of the past several years could be on the wane. Some experts are even expressing concern that we may be headed for harder landing than previously anticipated, possibly even slipping into a recession. Adding to the general nervousness has been the continuing weakness on Wall Street. especially among the stocks on Nasdaq. Against that economic backdrop Backdrop may refer to:
Are you making any adjustments to your business plan in case the long-running economic expansion comes to an end? Paul Nadel Managing Partner East West Venture Group Of course we're making adjustments, but we look at this, the slowing economy and the shakeout Shakeout A situation in which many investors exit their positions, often at a loss, because of uncertainty or recent bad news circulating around a particular security or industry. Notes: During the dotcom boom and bust, numerous shakeouts occurred. in the technology sector specifically, as an opportunity. We believe that the markets will reward companies that have strong management teams, strong business models and a strong revenue base. It's an old adage, but I believe the cream will rise. A friend of mine said it was a lot easier six months ago, and that's true, but I look at it like sports, when competition gets rough, the minor players are going to go away and the good athletes play up to the competition. Joel Fox Former President of Howard Jarvis Howard Jarvis (September 22, 1903 - August 11, 1986) was born in Magna, Utah and died in Los Angeles, California. In Utah he had some political involvement working with his father's campaigns and his own. Taxpayers Association Owner, Joel Fox Consulting I'm obviously keeping my eye on it because the changing economy will have an effect on the state's politics. As a political consultant, I'm going to have to roll with the changes. Right now, I'm just trying to find clients who will need my services See .NET My Services. as a result of a slowing economy. Bill Drewry Owner Mission Wines We're being careful with our inventory levels, but we're keeping an optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op outlook for the holidays. Long range, I agree with the forecast of all the economists and analysts - the economy is slowing. And our business is tied to people who have the kind of disposable income disposable income Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also that will be affected by a downturn Downturn The transition point between a rising, expanding economy to a falling, contracting one. downturn A decline in security prices or economic activity following a period of rising or stable prices or activity. in the economy, specifically the stock market. In general, I'm still keeping my inventory of higher-end products; I'm just buying less of it. Ed Baran Owner Ed Baran Publicity No, actually I'm in one of the industries that isn't really affected by the swings in the economy. If the times are good, people look for publicity, because it's less expensive and more effective than advertising. In times of recession, people usually cut back on their advertising dollars and look to spend more on promotions and publicity. So we seem to benefit no matter where the market is. Also, since I work specifically in the entertainment industry, a lot of my clients have noticed that people spend more on things like movie tickets and rentals during economic downturns because they're relatively inexpensive. Perry S. Silver Managing Partner Silver & Freedman freed·man n. A man who has been freed from slavery. freedman Noun pl -men History a man freed from slavery Noun 1. In our firm, we are not making adjustments to anticipate a slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. . In fact, the nature of our business, the law, when certain aspects slow down, others speed up. When the economy is not as robust as one would like, unfortunately, the litigators reap the benefits. For example, if there isn't a lot of money greasing a business's operations, then there tends to be fertile fer·tile adj. 1. Capable of conceiving and bearing young. 2. Fertilized. Used of an ovum. ground for disputes. But with my personal business, the transactional side of the firm, a slowdown in the economy will spell a slowdown for me. |
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