Industry expert Kim Lorenz is sharing strategies to recession-proof all sectors of business and has specific insight on how to turn around revenues in the face of recession.
It’s Time to Recession-Proof Your Business
Job growth has been impressive, but economists warn of increasing signs of recession. Trade wars, political tension, yield curves, corporate debt and a sharp downturn in manufacturing suggest a looming crisis. Perhaps not as severe as 2008, but all sectors of American business are facing a possible turbulent year ahead, especially for those in the manufacturing, logistics, tourism, and transportation industries.
Industry expert Kim Lorenz is sharing strategies to recession-proof all sectors of business. He has specific insight on how to turn around revenues in the face of recession.
“Recession-proofing starts with strong team members and teaching them to be able to spot opportunities with existing customers. Your drivers, sales team, and customer support groups will always see opportunities before leaders. By giving them training and incentives, you can increase your growth potential…”
…says, Lorenz. Through his years of running manufacturing and retail business, Lorenz has developed a keen understanding of the logistics and planning it takes to succeed. He started from nothing, founded two companies, ran them successfully and sold them to Fortune 500’s.
“The trade war has deeply impacted the manufacturing, transportation and tourism industries. While the government promises to help, turning around revenues starts from inside the organization…”
…says Lorenz who has experience in helping industrial manufacturing companies increase their sales of commoditized products. He does this by helping them adopt a 7-point system to help sales organizations tighten-up their operations and drive 5-15% revenue increases.
Lorenz’s expertise can be accessed through his new book Tireless, (released Nov. 2019). Through thought-provoking, insightful, and engaging stories with real-world examples, Lorenz blends psychology with current business strategy and offers incisive usable advice about establishing and leading any type of company. He inspires the passion and optimism needed to succeed in business.
“Recession-proofing starts with strong team members and teaching them to be able to spot opportunities with existing customers. Your drivers, sales team, and customer support groups will always see opportunities before leaders. By giving them training and incentives, you can increase your growth potential.“
– Kim Lorenz
In An Interview/Article, Kim Lorenz Can Share:
- How to recession-proof your business for 2020
- Strategies to increase revenue in the face of economic decline
- How employers and managers can foster a team of problem-solvers and micro innovators
- What business owners need to know about unavoidable periodic downturns in any business
- How to take advantage of “unsolved problems” and convert them into profitable and novel business streams
- Incisive usable advice about establishing and leading any type of company in 2020
- Specific advice for industrial manufacturing companies
ABOUT THE BUSINESS EXPERT
Kim Lorenz
Kim Lorenz is an author, entrepreneur, and visionary who founded two companies starting at age 26 with no backing or funding, built and ran them successfully, and sold them to Fortune 500 companies before he was 47. Through his years as a business owner, partner, and CEO, Lorenz has developed a key understanding of what it takes to succeed in business. His mission is to teach vital tools essential for business success beyond what is taught in business schools. Lorenz earned his MBA from the University of Washington, Foster School of Business. Lorenz is the former Commodore of the Seattle Yacht Club, a 39-year Rotarian. Serving as Rotary Liaison with World Vision, the collaborative teams he initiated have completed over $20 million in clean water projects with over 1 million beneficiaries in developing countries worldwide. He is a business consultant, proven leader, public speaker, and motivator, a pilot for 40 years, and holds a USCG Captains’ license. Today, he lives with his wife in Bellevue WA.