Small Biz Ahead
A Podcast By Small Business Owners, For Small Business Owners
1 year ago

Key Small Business Metrics You Can Track to Identify Economic Trends

Episode Notes

Hey everybody, this is Gene Marks, and welcome to another edition of The Hartford Small Biz Ahead Podcast. This week, I'd like to talk about metrics to follow. As we're heading into...I'm recording this right now, we're at the end of November, beginning of December 2022. We're heading into 2023. There was a lot of uncertainty in the world as to how the economy is going to be in 2023. And if you're running a business, it's really, really important that you follow how the economy is going. So you can make some decisions. If you feel or get a sense that the economy is turning down, obviously that's gonna make you cut back on spending or hiring and investing. And obviously the same thing and the minute that you see things turning around might be the time to make that key hire or invest in some technology or something that will help you grow your business.

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