))
Unpredictable Factors in Business Growth: Weather, Sports, and Elections
Manage episode 423337004 series 2886289
Content provided by Mark Hayward. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark Hayward or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode of Business Growth Talks, host Mark Heyward delves into various external factors that significantly influence business growth in the UK and the US. The episode emphasizes actionable advice and real-world examples from successful entrepreneurs and business owners. Mark explores how severe weather events, such as hurricanes, blizzards, and floods, can disrupt business operations, particularly affecting agriculture, retail, and tourism. He discusses the economic implications of these disruptions, highlighting the need for businesses to prepare for such events. Additionally, the episode covers the impact of major sporting events like the FIFA World Cup on consumer spending and business revenues, noting the benefits to pubs, restaurants, and hotels, as well as the surge in advertising expenditures.
Mark also addresses non-economic factors, including public health crises like the COVID-19 pandemic, and social and cultural shifts that influence consumer behaviour and business practices. He explains how fluctuations in the cost of materials and ingredients affect various industries. Furthermore, the episode emphasizes the critical role of government spending on infrastructure in boosting economic growth, enhancing connectivity, and creating jobs. Mark highlights the impact of general elections on the economy, discussing how political uncertainty can influence business and market behaviour. In conclusion, he underscores the importance of balancing these diverse influences for sustained economic growth, requiring strategic investments in infrastructure and proactive business operations.
Do you want to be a guest on multiple podcasts as a service go to:
www.podcastintroduction.com
Find more details about the podcast and my coaching business on:
www.businessgrowthtalks.com
Do you want to be a podcaster? Sign up on
www.abmpodcastcourse.co.uk
Find me on
LinkedIn - https://www.linkedin.com/in/mark-hayw...
Facebook - https://www.facebook.com/markjhayward
506 episodes
Share
