Weather In Hungary http://weatherinhungary.com/ Mon, 21 Nov 2022 18:35:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://weatherinhungary.com/wp-content/uploads/2022/01/icon-2022-01-11T174856.532.png Weather In Hungary http://weatherinhungary.com/ 32 32 Massachusetts Thanksgiving Weather Forecast – NBC Boston https://weatherinhungary.com/massachusetts-thanksgiving-weather-forecast-nbc-boston/ Mon, 21 Nov 2022 17:34:07 +0000 https://weatherinhungary.com/massachusetts-thanksgiving-weather-forecast-nbc-boston/

It’s a rare set of circumstances in New England when Thanksgiving week rolls around and no storms are in sight in the days leading up to and through Thursday.

It’s even rarer for that to be the case nationwide, without any travel issues due to the predicted weather – but that’s exactly our setup this week.

A pause in what has been a recent parade of disturbances overlapping the jet stream winds that drive storms aloft over the past week will also cause a pause between storms. The next sign of a storm won’t emerge until a few showers around Dallas on Wednesday turn into an expanding rain shield from Houston to Memphis and into St. Louis on Thanksgiving Day.

Here at home in New England, the calm weather begins with the cold. After Monday morning, single-digit wind chill readings and teens rebounded into the 20s and around 30 on Monday afternoon, with actual high temperatures only near 40.

Monday evening will be cold, but not as cold as its predecessor. Expect lows in the 20s and 30s mostly and a lighter breeze. Tuesday brings noticeably lighter wind and afternoon temperatures reaching 45-50 degrees in abundant sunshine for a significant improvement in body feel from Monday. Northern New England will be slightly colder in the days ahead, but that bodes well for ski areas, where snowmaking operations will continue at full blast in the days leading up to the holidays.

As the new, developing storm approaches on Friday, milder air will flow north with it, pushing temperatures into the 50s for most of southern New England, with rain showers expected arrive Friday afternoon and last at least Saturday morning. Meanwhile, the mountains in the north of the country are likely to start with a few centimeters of snow, but can inevitably change to rain by Saturday, although rain amounts at this stage may be limited.

Colder air returns to at least bring snow overnight Saturday night into next week, while southern New England finds a break from below-freezing temperatures for a few days Thursday through Sunday. . All the while, the moon will align for relatively high tide levels Thursday through Saturday, which means our coasts will either see splashes of levees or perhaps pockets of minor coastal flooding in places typically vulnerable.

At this point, our proprietary 10-day forecast for the first alert shows temperatures near or warmer than normal through early December, although we are seeing signals of a return to colder air at from December 3.

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New England weather today will be sunny and balmy – NBC Boston https://weatherinhungary.com/new-england-weather-today-will-be-sunny-and-balmy-nbc-boston/ Thu, 03 Nov 2022 12:35:17 +0000 https://weatherinhungary.com/new-england-weather-today-will-be-sunny-and-balmy-nbc-boston/

After a frosty start for many, plenty of sunshine will lead to a remarkable temperature recovery with highs reaching the 60s for many across the region as high pressure – a fair weather dome – begins a slow migration to the east of New England on the North Atlantic.

Eventually this new position for the high pressure cell becomes important, as the clockwise airflow around its center will induce a southerly wind flow towards New England, further increasing the amount mild air and humidity in the northeast.

The milder change will be evident first: high temperatures likely to top 70 degrees on Friday for some, then Saturday, Sunday and Monday for many. It’s worth noting that there’s some historical context here: our Tevin Wooten dug into the record books and it turns out that we’ve only seen eight November spells of three or more consecutive days at 70 degrees.

Also, if we reach or exceed 73 degrees these days in Boston, which is our first alert team’s forecast, it has only happened four times in recorded history! As for the daily records, they will be difficult to achieve but not impossible, especially on Sunday when the record is 73, set in 2015.

As for precipitation, there isn’t much in the forecast, but increasingly humid air on Sunday coupled with a cold front slowly approaching from the west will increase the chance of showers on Sunday afternoon. in northern and western New England. While these are unlikely to sneak into eastern New England, it’s not far off in the weather world, so we’ve introduced a possibility of downpour even in the area. from Boston by late Sunday to early Monday.

As for a more significant pattern change, it still looks like much cooler air – closer to normal for this time of year – will return for the middle and end of next week, towards the end of our exclusive 10-day forecast from First Alert.

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Weather Forecast: September 24, 2022 – Daily Leader https://weatherinhungary.com/weather-forecast-september-24-2022-daily-leader/ Fri, 23 Sep 2022 21:54:20 +0000 https://weatherinhungary.com/weather-forecast-september-24-2022-daily-leader/

Weather forecast: September 24, 2022

Posted at 4:47 p.m. on Friday, September 23, 2022

BROOKHAVEN – It’s going to be a big Saturday starting with the grand opening of the Old Koke factory on US51 in Brookhaven. Doors open at 6 a.m.

The weather promises to be rather mild this weekend as well. Saturday will be sunny with highs of 91 and calm winds. Saturday night will be mostly clear with lows around 66 and calm winds turning south-southeast around 5 p.m.

On Sunday, a 20% chance of rain is forecast, but the weather will be mostly sunny.

Sunrise is at 6:51 a.m. and sunset is at 6:56 p.m.

It will also be a busy day of SEC football.

Here is the program :

Kent State at Georgia, 11 a.m. on SECN+ or ESPN+

Missouri at Auburn, 11 a.m. on ESPN

Bowling Green at Mississippi State, 11 a.m. on SECN

No. 20 Florida at No. 11 Tennessee, 2:30 p.m. on CBS

Tulsa at No. 16 Ole Miss, 3 p.m. on SECN

  1. Illinois at No. 8 Kentucky, 6 p.m. on ESPN2

No. 10 Arkansas at No. 23 Texas A&M on ESPN

Vanderbielt at No. 2 Alabama, 6:30 p.m. on SECN

New Mexico at LSU, 6:30 p.m. on SECN+ or ESPN+

Charlotte, South Carolina, 6:30 p.m. ESPNU

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Sunny and cooler in South Carolina Weather Today https://weatherinhungary.com/sunny-and-cooler-in-south-carolina-weather-today/ Fri, 23 Sep 2022 11:54:00 +0000 https://weatherinhungary.com/sunny-and-cooler-in-south-carolina-weather-today/ Saturday morning temperatures could drop into the upper 40s for some locations.

COLUMBIA, SC – After a record high of 99° on Thursday, temperatures will be noticeably cooler today. Highs will be in the mid to high 70s. There will be breezes at times with northeasterly winds at 5-10 mph.

A cold front crossed the region yesterday. Before the front passed, the highs were in the mid to high 90s. Before reaching 99° yesterday, the record in Colombia was 96 degrees. This record was set in 1940 and reached again in 2010.

As the cold front passed, there were a few showers and thunderstorms. Heavy rain has affected parts of the Midlands. The showers relieved the heat a little.

Today will be much cooler with highs in the mid upper 70s. Temperatures will be cool tonight with lows falling between the upper 40s and lower 50s. Columbia Airport has not reported low temperatures in the 40s since May 10. It will be warm and sunny Saturday afternoon with highs in the lower 80s.

A weak front will cross the region on Sunday. No rain is forecast. Highs will be in the mid to high 80s for the final day of the weekend.

Monday will be a little warmer. Highs will be in the upper 80s under mostly sunny skies. Temperatures will drop a little on Tuesday.

At this time, not much precipitation is expected over the next seven days, but we will have to watch the tropics. If Tropical Depression Nine continues to develop and track towards us, the forecast could change drastically.

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Tuesday 4 p.m. September 20 Omaha weather forecast https://weatherinhungary.com/tuesday-4-p-m-september-20-omaha-weather-forecast/ Tue, 20 Sep 2022 21:35:00 +0000 https://weatherinhungary.com/tuesday-4-p-m-september-20-omaha-weather-forecast/

Tuesday 4 p.m. September 20 Omaha weather forecast

Tuesday 4 p.m. September 20 Omaha weather forecast



HAVE SPENT IN THE UPPER 90S AND IN SOME CASES ABOVE 100. RANDBY FACTOR TIME. YOU IMAGINE THIS WILL NOT BE REALLY GOOD. YEAH, RANDBY FACTOR 4, UNPLEASANT FOR THE OUTSIDE TONIGHT. THIS IS RARE FOR THE EVENING AS IT USUALLY COOLS BUT IT WILL TAKE A TIME. 99 TODAY, BEAT THE RECORD OF 95 ON THIS DATE JUST FOUR YEARS AGO. 71 IT’S LOW THIS MORNING. NO RUSH. FIVE AND TWO THIRDS INCHES BELOW AVERAGE HUMIDITY HERE TODAY. HIGH WEED POLLEN COUNT, MEDIUM GRASS POLLEN. AIR QUALITY IS IN GOOD RANGE. WEST OMAHA, GOOD, LOOKS GOOD HERE. THIS IS OUR CAMERA AT METHODIST WOMEN’S HOSPITAL. THE FOUNTAIN IN THE FIVE FONTAINES DISTRICT IS WORKING AGAIN. 99, FEELS LIKE 103. SOUTHWEST BREEZE 14 MPH. 100 FREMONT. AIR BASE ON SITE, 101. LINCOLN AIRPORT, 103. EVEN 100 BEATRICE. IT’S RAW. DEW POINTS ARE LOWER SOME TODAY COMPARED TO YESTERDAY. BUT IT’S STILL BAD. INDEX, 105 AT LINCOLN. WIND FROM THE SOUTHWEST, WHICH IS PERFECT FOR WARM WEATHER IN LINCOLN AND OMAHA AND FREMONT AND TEKAMAH. IN OMAHA YOU HAVE THE CITY HERE AND ALL THE CONCRETE AND IT EATS WITH A SOUTHWEST BREEZE AND TAKES EXCESS HEAT TOWARDS EPPLEY AIRFIELD. A LITTLE THUNDERSTORM ON I-80 AROUND DES MOINES ON THE APPROACH. A FEW THUNDERSTORMS THIS MORNING IN WISCONSIN AND NOW SUBTROPICAL HUMIDITY COMING OVER THE ROCKIES WHICH WILL GIVE US A CHANCE OF SHOWERS TOMORROW. THE FRONT IS CROSSING THIS EVENING, NORTH WINDS ARE BLOWING AND YOU SEE CLOUDS TOMORROW MORNING. THEN SHOWERS FOR THE AFTERNOON. WISH US GET MORE. LOOKS LIKE MAY 0.1 INCHES AND THEN DRYER AIR. THEN CLOUDS REMAIN AROUND TOMORROW NIGHT AND ALSO THURSDAY WITH MORE RAIN WEST OF US. MAYBE ENTER HERE ON FRIDAY. 63 IS THE LOW TONIGHT, A LONG WAY. HOT THIS EVENING AND CHILLING OVERNIGHT. MAINLY CLOUDY IN THE MORNING. NEARLY IN THE 60’S ALL DAY WITH A CHANCE OF SHOWERS WEDNESDAY AFTERNOON. AUTUMN OFFICIALLY STARTS AND REALLY FEELS LIKE THIS THURSDAY. FRIDAY ANOTHER CHANCE OF SHOWERS AND FAIRLY COOL. THE WEEKEND IS LOOKING WELL. YES. COMFORTABLE, MAXIMUM OF 82 ON SATURDAYS. SOMETHING FOR EVERYONE. JULY

Tuesday 4 p.m. September 20 Omaha weather forecast

Tuesday 4 p.m. September 20 Omaha weather forecast

Tuesday 4 p.m. September 20 Omaha weather forecast

Tuesday 4 p.m. September 20 Omaha weather forecast

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Cleveland Weather Forecast: Cleveland Browns Game Forecast https://weatherinhungary.com/cleveland-weather-forecast-cleveland-browns-game-forecast/ Sat, 17 Sep 2022 00:12:51 +0000 https://weatherinhungary.com/cleveland-weather-forecast-cleveland-browns-game-forecast/

CLEVELAND (WJW) — Not as cool tonight but feeling good as we drop into the 70s and 60s tonight. Let’s keep calm with a few clouds late tonight but we’ll stay dry.

Some locations could be in the upper 50s by early tomorrow morning.

Warmer tomorrow and Sunday with highs reaching the mid 80s with good sunshine. Staying quiet both days as a little more moisture begins to seep into the area.

If you head into the Browns’ home opener on Sunday, it’ll feel like summer. Look for partly to mostly sunny skies and temperatures in the 80s and a bit more muggy but tolerable. You may want to choose to wear the short-sleeved shirt and the shorts.

Other events are also taking place in our community this weekend. It will be a beautiful late summer weekend to spend outdoors.

The heat continues until early next week.

The next chance of rain will come after sunset Sunday and especially Monday.

Up to half an inch possible for a large part of the area. A few thunderstorms possible, severe thunderstorms unlikely.

The temperatures will be much cooler next weekend!

Check your latest 8-day forecast above.

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September 13, 10 p.m. Weather forecast update- | New https://weatherinhungary.com/september-13-10-p-m-weather-forecast-update-new/ Wed, 14 Sep 2022 01:58:26 +0000 https://weatherinhungary.com/september-13-10-p-m-weather-forecast-update-new/

After yesterday’s highs of only 59-65 and lows of 50-55 this morning, today’s highs have reached 66-77.

This was insufficient in parts of the region compared to the expected highs of 72-78.

This was due to low clouds taking longer to break up and decreasing very gradually.






Patches of fog are expected tonight with lows 50-54 followed by 80-85 tomorrow with light winds.

After patchy fog and 53-58 tomorrow evening, sunshine and 82-87 are expected Thursday with continued light winds.

After patchy fog and 57-63 on Friday morning, sunshine is expected to give way to highs of 84-89 on Friday.

The weekend through early next week promises to be hot to hot and increasingly humid with warmer nights. Winds will be south to southwest with plenty of sunshine every day and highs generally of 87-91. Heat indices will eventually reach the 94-97 range next week.







1

You can see the heat spreading across the central and eastern United States with temperatures above to well above normal.

Record heat may occur in the Plains late next week and we could be near or at record high heat around the September 21st time frame. Records for the Sept. 20-23 period are 94-95 in Greater Lafayette.







1

The US CFS model shows that this heat is spreading to all areas east of the Rockies over time.

West should still be cooler than normal.







3

A summer “ring of fire” pattern will evolve with clusters and full storms from far northern Minnesota and Manitoba and northwestern Ontario to northern New England.







2







4

Eventually the upper trough to the west will eject into the plains bringing a robust severe weather event. It already shows up well in CIPS analog data.







3

As for us, the best shear and wind fields aloft are largely northwest and north of our area with the system (ENHANCED HAZARD type parameters appear), we can see extreme weather conditions as a Secondary (but weaker) upper trough impacts our area. .







3

It still looks like our early 40’s of the fall (for lows) will arrive with these upper troughs and surface cold front.

Lows 39-45 are possible closer to September 26/27 with highs in the 60s to under 70s.







3

After that snap of coolness for the foliage to start changing, we’re back to endless summer.

I think above normal temperatures could be dominant until we see a quick burst of colder air with frost and frost at the end of October.







3

All long-term data points to a fairly dry October for us.

MJO moves into phases more conducive to tropical impacts in the Gulf, Caribbean and East Coast from the very end of September to the beginning of October.

This may give us a window to get more precipitation in October amid drier periods.

During periods when we receive rain, we can still have serious risks.

The first wave of November looks warmer than normal, then colder than normal in the second half of November, with serious hazards here or nearby, from early to mid November.

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NFL weather today: Breaking down the Week 1 forecast, what the report means for fantasy football rosters, betting https://weatherinhungary.com/nfl-weather-today-breaking-down-the-week-1-forecast-what-the-report-means-for-fantasy-football-rosters-betting/ Sun, 11 Sep 2022 11:02:00 +0000 https://weatherinhungary.com/nfl-weather-today-breaking-down-the-week-1-forecast-what-the-report-means-for-fantasy-football-rosters-betting/

In the Week 1 weather report, we’ll go over the games that seem to have the strongest predicted wind gusts, possible precipitation, and more. We will also give you the games where we should not you have to worry about the weather, that is, games you can choose in DFS without having an ulcer. Useful weather resources include the National Weather Service and Dark Sky, among others.

We have a lot of rain, but the wind speed is relatively low for the majority of matches. It will be worth checking here again on Sunday morning to see if the forecast has turned south for any of these games. The only game we really have to watch out for is Chicago.

San Francisco 49ers vs. Chicago Bears

And a little more rain in Chicago. There is a 70% chance of showers with winds up to 25 mph. The temperature will be around 70 degrees, which should be pleasant if the rain is not constant. The question is, will they play in the middle of a flood? It’s hard to know right now.

Baltimore Ravens vs. New York Jets

It will be a great day for Joe Flacco and Lamar Jackson to reunite. The temperature will be around 80 degrees, light winds around 5 mph and no precipitation.

Pittsburgh Steelers vs Cincinnati Bengals

Right now there is an 80% chance of rain with temps in the mid 70s. Wind shouldn’t be a problem with forecasts calling for speeds of around 5 mph. This will be a game to check on Sunday morning as a prolonged downpour could hurt forwards, but a few rain showers wouldn’t cause much trouble.

Cleveland Browns vs. Carolina Panthers

More rain in Charlotte, with a 70% chance, but winds will be light at around 5 mph. Temperatures will hover around 90 degrees for this Baker Mayfield grudge match.

Indianapolis Colts vs. Houston Texans

Temperatures around 90 degrees, winds of 5 mph and a slight chance of rain in the forecast for Matt Ryan’s Colts debut.

Jacksonville Jaguars at Washington Commanders

Temperatures will be in the mid-70s, with a 55% chance of rain. The good news is that the winds should be calm, around 5 mph.

New England Patriots vs. Miami Dolphins

It’s Miami in the fall, so rain is always a possibility. Right now they’re predicting a 50% chance, with temperatures hovering around 90 degrees and winds at 8 mph. Rain should be scattered enough not to be an issue, but check Sunday for any updates.

Las Vegas Raiders vs. Los Angeles Chargers

There is actually a slight chance of showers, but at 25% they will not be sustained if they appear. Temperature will be in the 80’s and winds around 10 mph.

New York Giants vs. Tennessee Titans

And we have another good chance of rain in Nashville, with an 80% chance of thunderstorms. Temperatures will be in the low 80s and the wind varying between 5 and 10 mph.

Denver Broncos vs. Seattle Seahawks

Seattle will host Russell Wilson again in good weather. Temperatures will be in the low 70s, wind around 8 mph and clear skies.

home sweet dome

New Orleans Saints vs. Atlanta Falcons

Philadelphia Eagles vs. Detroit Lions

Green Bay Packers vs. Minnesota Vikings

Kansas City Chiefs vs. Arizona Cardinals

Tampa Bay Buccaneers vs. Dallas Cowboys

]]> NASCAR Weather Forecast 2022: Weather Projections for This Weekend’s Races at Kansas Speedway https://weatherinhungary.com/nascar-weather-forecast-2022-weather-projections-for-this-weekends-races-at-kansas-speedway/ Fri, 09 Sep 2022 12:00:00 +0000 https://weatherinhungary.com/nascar-weather-forecast-2022-weather-projections-for-this-weekends-races-at-kansas-speedway/

NASCAR travels to Kansas City, Kansas for its events. The Truck, Xfinity and Cup series will all be in action with a playoff in mind. Kansas Speedway will host all three events. The Truck Series begins action on Friday, September 9, followed by the Xfinity Series on Saturday, September 10. The Cup Series wins action on Sunday, September 10.

The weather is looking good for this weekend. Mild temperatures by Sunday and little chance of rain is about all you can ask for at this point in the racing season. There is a difference of 17 degrees in projected high temperatures from Friday to Sunday.

Below, we’ll take a look at the projected weather for Kansas Speedway this weekend in Kansas City, Kansas, with information courtesy of AccuWeather. As always with weather forecasts are all provisional.

friday september 9

Hi 89°, Low 66°: Lots of sun, 4% chance of rain

3 p.m. ET, Practice, Truck Series
3:30 p.m. ET, Truck Qualifying Series
5 p.m. ET, Practice, Xfinity Series
5:05 p.m. ET, Qualifying, Xfinity Series
7:30 p.m. ET, Kansas Lottery 200, Truck Series (134 laps, 201 miles)

Saturday September 10

Hi 85°, Low 61°: Sunny and delicious, 12% chance of rain

12:05 p.m. ET, practice, series of cups
12:50 p.m. ET, Qualifying, Cup Series
3 p.m. ET, Kansas Lottery 300, Xfinity Series (200 spins, 300 miles)

Sunday September 11

Hi 72°, Low 56°: Partly sunny and cooler, 25% chance of rain

3 p.m. ET, Hollywood Casino 400, Cup Series (267 laps, 400.5 miles)

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15 Practical Steps To Help Your Business Weather An Economic Recession https://weatherinhungary.com/15-practical-steps-to-help-your-business-weather-an-economic-recession/ Wed, 13 Jul 2022 10:13:25 +0000 https://weatherinhungary.com/?p=2551 As a result of the Covid-19 pandemic’s devastation to the economy in 2020 and 2021, many people who operate their own businesses have been forced to contend with a wide range of difficulties. Now, there are indications that a recession could be on the horizon, according to some experts fast from ConsolidatonNow. Those companies that are still operating may need to revise their strategies in order to get ready for the longer-term repercussions that a prolonged economic slump will have on their finances.

Even though a recession might be challenging to get through, it does not necessarily have to be catastrophic for business owners. In the following article, 15 members of the Forbes Finance Council discuss some actionable initiatives that business owners and executives can take right now to strengthen their companies and make them through challenging economic times.

1. Ensure that you have a wellness checkup.

A thorough investigation into one’s financial situation is one way for leaders to evaluate their overall health. The establishment of cash reserves and the planning of expenditures as well as future payments enables leaders to pinpoint areas in which spending can be reduced. This may necessitate a readjustment of the priorities of the organization or a change in its strategy in order to free up cash flow and develop cash reserves, both of which can assist executives in navigating future economic problems. – Jenn Flynn, Senior Vice President and Head of the Small Business Bank at Capital One

2. Make a plan for the next five years.

In situations like these, forecasting is of the utmost significance. It is in your best interest to plan as far ahead as possible in addition to looking as far ahead as possible. In fact, I would recommend formulating a strategy for the next five years. You should be able to calculate your fundamental operational costs as well as the real cash that will come in on a monthly, quarterly, and annual basis. You should also be able to determine how large of a contraction you can endure depending on the net cash that you have available. – Damaris Herron-Watkins, President and CEO of A Better Chance Inc.

The Forbes Finance Council is an invitation-only association that is comprised of executives working with prosperous accounting, wealth management, and financial planning organizations.

3. Avoid Long-Term Agreements

Stay away from lengthy contracts, especially if they promise to secure more advantageous pricing. Price certainty will not serve you as well as flexibility and the capacity to react rapidly, especially if you need to pivot to alternative offerings or cut output. Flexibility and the ability to shift swiftly will serve you better. In a market that is always shifting, having pricing locked in may come with additional buying requirements. These restrictions may be unnecessary and may lead to additional spending. – Aaron Spool, CEO and Managing Partner, Eventus Advisory Group, LLC

4. Make the Most of the Affordable Credit Available Now

It is anticipated that global supply chain disruptions and energy crises would develop into food crises in 2022, which may lead to inflation rates that are higher than planned. In order to make the most of inexpensive credit, business owners should work toward increasing the amount of debt they carry to an acceptable level (but should avoid being over-levered). Investing in upfront capital expenditures is the best way to guarantee that a future revaluation of your hard assets will accurately reflect the higher rate of inflation. – Alexey Posternak, Chief AI Scientist at MTS

5. Make sure your vaults are always stocked.

Regardless of whether or not the economy is in a recession, business owners have an obligation to maintain healthy cash reserves. This may take the shape of cash and investments, or it may be in the form of access to credit. Consider conducting an analysis of any potential reinvestment techniques into the company, becoming familiar with your return on revenue, and formulating a plan for what to do in the event that your company is cut in half. Having a plan for the best-case scenario is simple; having a plan for the worst-case scenario is where the real money is made. Green Ridge Wealth Planning, led by Robert Mascia

6. Calculate a break-even point for your business’s bottom line.

Owners of businesses should prepare themselves for some economic turbulence in the near future, which may include an eventual increase in interest rates as well as the possibility of higher taxes to offset a significant deficit. It would be wise to have a clear bottom-line break-even number in order to ensure the continued viability of your company even during challenging times. It is highly advisable to give some thought to the possibility of consolidating any existing business loans with interest rates that are fixed. – Matt Dixon, Managing Director of TruNorth Advisors

7. Get ready to take advantage of employment opportunities that arise throughout the recession.

It is essential to keep one’s focus on the long term. There is a shortage of workers, and businesses are having a difficult time identifying potential leaders. Get ready today to immediately adjust your strategy and ramp it up in the event that a recessionary stage of the economic cycle occurs as it inevitably will. In times of economic hardship, it is possible to find outstanding candidates for open positions, particularly if the downturn follows closely on the heels of a period of severe labor shortage. – Jamie Ellis, Katz, Sapper & Miller

8. Establish a War Chest in Order to Capture Market Share

Put together a strategy and a supply of weapons right away. Make the most of a potential future economic downturn by seizing the chance to raise your market share, expand your skills, and broaden your talent pool in order to accelerate your business while competitors are forced to cut down. – Edward Dellheim, Point B

9. Gain Control Over Your Payroll Costs

It is necessary for a company to plan for a sales slowdown and a downturn in addition to planning for labor cost rises and compression due to the effects of inflation and minimum wage hikes. This will ensure that the company is in a good position to balance costs to slower revenue. Payroll is usually a company’s largest expense (other than the cost of goods, that is), hence it is important that it be managed effectively in order to alleviate any problems that may arise with regard to profits. – Steve Babick, President and Chief Executive Officer of HSI, Inc.

10. Provide Your Employees with Various Training Opportunities

Cross-training employees is an actionable step that can be taken by any business owner to help make their company more resistant to the effects of a recession. Although it would appear to be a straightforward case of “one plus one,” cross-training actually results in a return that is exponential in nature. Employees get the ability to better comprehend one another and more effectively transition from functioning as individual players to cooperating as a team as a result. – Eric Couch, ProVision Brokerage, a Limited Liability Company

11. Profit From Inaccuracies In The Market’s Pricing

During economic downturns, business owners have the chance to take advantage of mispriced market possibilities by identifying and acting upon business ventures that will bear fruit during the subsequent upturn. An investor or business owner who enters a recession with a solid financial position and sufficient liquidity will be in a better position to capitalize on opportunities and grow their company, even while others are fleeing the market out of fear. Bridge Investment Group’s John Ward

12. Start Banking Money And Eliminating Debt

Because a recession results in fewer sales and less cash available to support firm operations, businesses need robust plans for financial management that include saving enough money to meet their requirements and survive an economic slump. This involves the management of debt, because the more debt a company has, the more susceptible it is to financial hardship during a downturn. Phonexa Holdings, LLC’s Lilit Davtyan

13. Conduct an analysis of the company’s existing debts with the goal of refinancing them.

Right now, business owners should be analyzing their companies’ debt loads and looking into refinancing options as quickly as they can, because it is almost certain that interest rates will continue to rise in the near future. Refinancing a business’s debt using a loan from the Small Business Administration (SBA) will result in more favorable terms and longer repayment periods, dramatically improving the company’s monthly cash flow and enhancing its ability to weather a recession. Christopher Hurn, President and CEO, Fountainhead Commercial Capital

14. Anticipate Possible Outcomes and Establish Reserves to Cover Payroll.

It is critical to take proactive measures. It is essential to make preparations for potential scenarios that have the potential to impact every facet of your company. Build sufficient cash reserves to cover three to six months’ worth of payroll, and apply a lean approach to all other expenses. This is important from a financial point of view. In the event that your cash reserves are depleted, you should schedule a meeting with your bank and discuss the various other liquidity options that are available to you. Boys & Girls Clubs of the Central Orange Coast’s Ashley Harris

15. Ensure You Have Ample Liquidity

Liquidity is the most important factor to consider when trying to prepare for a potential market downturn, regardless of whether or not the situation meets the definition of a recession according to technical standards. How many things are there in “ample”? The standard recommendation is anywhere from 12 to 18 months’ worth. At the beginning of the pandemic, we saw that companies that had plenty of liquid assets were in a much better position to navigate the economic uncertainty than those that did not. – Omar Choucair, Trintech International

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