Managing Your Business Through Uncertainty

Show Notes:

In our inaugural episode of Q&A Over Coffee, the Olsen Thielen team and Doug Loon, President & CEO of the Minnesota Chamber of Commerce, explore the new landscape of economic uncertainties facing business owners today. Topics covered include potential implications of new proposed tax legislation, workforce changes, increased financing rates, and how you can leverage technology and improve business processes.

In the aftermath of the recent 2023 banking failure crisis, it’s more important than ever that business owners are planning and aware of their current financial situation. In this episode we emphasize the importance of financial statements and staying on top of budgeting, working with your banker to anticipate cash flow needs. Doug offers some insights into effectively staying updated on news, trends, and legislative changes that may impact your business.

What is covered:

  • The overall landscape of what businesses are facing as far as uncertainty
  • What the future of Minnesota legislation might do to businesses
  • Upcoming laws and regulations
  • Businesses need to look at their statements
  • Olsen Thielen Resources
  • Chamber of Commerce Resources
  • Other resources

To take advantage of the resources mentioned on this podcast, we encourage business owners to consider joining their local or state chambers to keep abreast of the major economic challenges and legislative changes that may affect them. Find out more about the Minnesota Chamber of Commerce here:

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Note that the Q&A Over Coffee Podcast is provided for informational purposes only and is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant. 

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