Industry Expert Shares Strategies to Turn Around Revenues in the Face of Recession
Job growth has been impressive, but Economists warn of increasing signs of recession. Trade wars, political tension, yield curves, corporate debt and a sharp downturn in manufacturing suggest a looming crisis. Perhaps not as severe as 2008, but all sectors of American business are facing a possible turbulent year ahead, especially for those in the manufacturing, logistics, tourism, and transportation industries.
Industry expert Kim Lorenz is sharing strategies to recession-proof all sectors of business.
“Recession-proofing starts with strong team members and teaching them to be able to spot opportunities with existing customers. Your drivers, sales team, and customer support groups will always see opportunities before leaders.
Industry expert Lorenz on how to plan
By giving them training and incentives, you can increase your growth potential…” says Lorenz. Through his years of running manufacturing and retail business, Lorenz has developed a keen understanding of the logistics and planning it takes to succeed. He started from nothing, founded two companies, ran them successfully and sold them to Fortune 500’s.
“The trade war has deeply impacted the manufacturing, transportation and tourism industries. While the government promises to help, turning around revenues starts from inside the organization…” says Lorenz who has experience in helping industrial manufacturing companies increase their sales of commoditized products.
ABOUT KIM LORENZ:
Kim Lorenz is an author, industry expert entrepreneur, and visionary who founded two companies starting at age 26 with no backing or funding, built and ran them successfully, and sold them to Fortune 500 companies before he was 47. Through his years as a business owner, partner, and CEO, Lorenz has developed a key understanding of what it takes to succeed in business. His mission is to teach vital tools essential for business success beyond what is taught in business schools and his expertise can be accessed through his latest book, Tireless.