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Ending the Feast & Famine Cycle in Business
Manage episode 438931216 series 2907336
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We’re diving into a topic that I know so many of you can relate to: the "feast and famine cycle" in business.
You know, those times when your revenue is all over the place, with some months feeling like a feast and others like a famine?
This kind of revenue pattern in business is really common, and there are several reasons why businesses tend to have this kind of “feast and famine” pattern of big months followed by quiet months.
On today’s episode of the Simple Online Business Podcast I’m discussing the reasons why the feast and famine cycle happens and what to do about it based on the reason why it’s happening.
YOU'LL LEARN:
- How to navigate the feast and famine cycle in business
- The impact of seasonal trends on business revenue and how to set realistic expectations
- The importance of planning and the tools to use to help make informed decisions
- Why staying visible and engaged with your audience, even during periods of stability, can help maintain momentum and prevent income dips
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