A Business Cycle - Reduce the Fear

reduce_the_fear.pdf

With Banks collapsing around us there is a
desperate need for the government to urgently
protect the country from a public run on the
banks.

The position we are in is actually a typical
economic business cycle. At the top of a cycle
there is greed and at the bottom fear and
blame. In a decline the people caught at the top
lose but the people who see the bottom as
opportunity, win. It is as simple as that and a
cycle that will happen again and again.

John Whiteman is a Troubleshooter who has
spent years rescuing companies and people
from collapse. He has direct experience of
many business cycles. Each has had their own
twist and severity. John says:
Government funding has to come in to prop the
markets. Without it, the markets will keep falling.

Graphically a typical business cycle looks like
this (see pdf). This cycle represents supply and demand
and can be applied to every time frame. The
longer the time frame the more positive or
negative a business cycle will be. There are
patterns in everything. Alongside this chart is
one showing the FTSE on 7th October 2008.

See the similarity?

So what do I advise? Well similar to the steps
we are taking with all of our clients. Create
clarity on where you are by creating a rolling
cashflow. From this step plan and prepare a
budget including very realistic sales
expectations. Look to outsource certain
functions of your business whether finance,
HR, technology and most importantly get a
business mentor to help guide you and offer
advice so that you are doing the right thing at
the right time.

Personally the emotional affect is already
hitting hard. We are noticing more people
coming to us with stress and anxiety and they
need help with depression, anger and lack of
self worth. John has seen these problems
before through years of helping people in
crisis and has developed a system of simple
steps called ‘The Way’ to get people focused
on seeing their life in perspective and making
them more balanced relaxed and happier in
the process and I know that even with a
dreadful summer there is always a light at the
end of the tunnel.

if you would like to know more then please
contact River Management at
www.rivermanagement.co.uk or on
020 7183 2244 or 01798 865335