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Know, Recognize Business Cycles
Mike Coonrod, sbjLive Producer

Know, Recognize Business Cycles

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With age comes experience. Scott Shotts, founder of Missouri Spirits, says it’s important to know the business cycles, but more important is to recognize which one your business is experiencing. “Hopefully you take that and learn from your customers what you’re gonna do next,” says Shotts. Observe your business’ patterns and learn to manage them.

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