A recent U.S. Bank article suggests a market downturn could be on the horizon due to factors like tariffs, trade disruptions, and emerging technology shifts, all of which could increase volatility and costs. It’s crucial for businesses to prepare now.
Key Takeaways from U.S. Bank’s Analysis:
- Tariffs and trade disruptions could raise commodity prices and impact demand.
- Technological shifts in AI and tech may disrupt market dynamics.
- Market volatility remains a key risk, capable of changing market conditions rapidly.
How to Prepare:
In my Forbes Business Council contribution, I emphasized the importance of having a crisis management plan. This plan should include:
✔ Enhance accounts receivable – Get paid faster to strengthen cash flow.
✔ Delay non-essential purchases – Preserve cash reserves.
✔ Negotiate smarter – Secure favorable terms with suppliers.
Preparation is key to surviving a downturn. Having a solid crisis management plan will help your business handle volatility and stay resilient.
Read the full insights in Forbes Business Council: https://forbes.com/councils/forbesbusinesscouncil/2025/01/16/15-steps-for-business-owners-to-prepare-for-a-potential-market-downturn/…
U.S Bank Article: https://usbank.com/investing/financial-perspectives/market-news/is-a-market-correction-coming.html…