AmiSight 4/10: The Economic World Is Shifting Once Again

Trade wars may be beyond the control of business owners, but there are things owners can control.

The speed of change over the past few months has been hard to comprehend. The many changes will have different impacts on different businesses. As always, there will be some winners and some losers. Meanwhile, many entrepreneurs are lying awake at night trying to figure out what it all means and what, if anything, they can do: Should they try to change suppliers? Should they move production onshore?  Should they increase inventory? For many, the answers are not clear, and the cheese keeps moving.

I don’t have the answers for what everyone should or shouldn’t do about the new tariffs and their impact on the economy. But I can try to offer some insight and perspective on how to think about your financing strategy during these uncertain times. Learn more in my 21 Hats column.

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