Steve Simonson joins me today, to chat about the current climate and the impact on sellers. Patterns often repeat themselves, focussing on PNL per product and dialling in on the products with a strong profit profile. With consumer uncertainty, we need to focus on “not being” over leveraged, turning trash into cash and being lean on inventory. Rigouse economic scrutiny is a must and budgeting by justifying and approving all expenses for each accounting period, rather than basing it on your past spending.
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