Survive and Thrive: Build a Service Business That Weathers Any Economy

ISBN-13: 9783565150533 / Angielski / Miękka / 232 str.

David Patterson

Opis

Most service businesses are built for good times and collapse the moment economic uncertainty hits, budgets freeze, and clients disappear overnight . This book shows how to structure your service business so it remains profitable and in-demand regardless of recessions, market downturns, or industry disruptions . Readers will learn how to focus on services clients cannot afford to cut, diversify revenue streams without losing focus, and build pricing models that survive budget pressures while maintaining healthy margins . It covers essential strategies including positioning yourself as mission-critical rather than nice-to-have, creating recurring revenue through retainers and subscriptions, building cash reserves and financial discipline, and maintaining client relationships that outlast economic cycles . Through actionable frameworks, financial planning tools, and real examples from service businesses that survived multiple recessions, you will understand how to reduce dependency on single clients, trim expenses without sacrificing quality, and market effectively when everyone else is going quiet . Whether you run a consulting practice, agency, or freelance business, this guide helps you build resilience into your business model so economic downturns become opportunities rather than existential threats .

Learn how to build a service business that clients cannot afford to cut, even when budgets shrink and competitors are closing their doors .