Good Business with Clay Vaughan

Forecasting Business Growth with a Recession On the Horizon with Michael Green

April 13, 2022 Season 1 Episode 8
Good Business with Clay Vaughan
Forecasting Business Growth with a Recession On the Horizon with Michael Green
Show Notes

In March 2022, we saw the highest inflation spike since the 70s at nearly 9%. The economic outlook for most of the country is not bright, so how should we respond as business owners? 

I hired Michael Green to join my team because I needed someone I could trust to help me manage the finances and people of my company as we grew. Since joining the team, we have nearly doubled in profitability and Michael is consistently looking for ways to ensure we win financially as a company. Needless to say, he is a vital part of the organization. As Chief Financial Officer, guiding me in all of my businesses, he is keeping his eyes on what is important (a few of them might surprise you 😉)!

In today’s episode, we're going to talk about how we are pivoting and how you can pivot your business or non-profit to best prepare for what seems to be a rough road ahead. It's heavy, but couldn't be more grateful for the insight he brings in this episode.

Main things we'll be talking about: 

- Forecasting growth with a bleak economic outlook
- Why setting a vision is vital to know how to forecast
- The most valuable investment for a Christian leader right now

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