Like the planet has seasonal cycles, the economy has financial cycles both of which impact us as trades business owners. We all know what to do with the seasonal cycles in our business but what are these financial cycles and how do we best prepare for them.
The best way to think of this is if we think of a farmer and watch how he runs his/her farm and business. Each seasonal cycle he/she has certain activities that prepare the farm for the next season and that way the farm has the ability to thrive in sunshine, rain or snow.
Watch this video to understand how the economic cycles relate to each of the seasonal cycles on the farm, and what you can be doing now and in the future to prepare and protect your business.