I was recently interviewed by Counselor Magazine for an article titled, “The Recession is Over. Are You Ready for a Rebound?”. To read the full article, click here.
Actually, it is not as simple as it sounds - surprisingly, if you haven’t thought about the rebound and prepared for it, it can take you by surprise and you could miss an opportunity. Who wants to miss an opportunity after getting through the recession??? As I said in the article, “When the recovery gets underway, it’s amazing how you can go from boom to bust in a matter of days or weeks.” So, PREPARE.
I’ve also recently written a newsletter article focused on this topic. In the article, I discuss three keys to preparation success: 1) Flexibility. 2) Plan, plan, plan. 3) Remember liquidity. And, #3 (liquidity) is also a key point in the Counselor Magazine article. “There’s a fine line between preparing for a recovery and creating a path to disaster by overspending into a cash crisis.”
To read the full newsletter article on how to successfully prepare for the recovery, click here.
© Lisa Anderson 2010. All rights reserved.