According to the US gross domestic product (GDP) numbers we are in a recession. But, that doesn’t mean you have to panic. In fact, if you are an MSP, you might actually have a pretty good economic future, if you take the right steps.

The right steps will depend on your particular situation but there are some fundamentals every MSP ought to consider and prepare for when going into difficult financial and economic times.

Highlights:

• How leveraged is your MSP practice on break/fix and VAR revenue?
• What is your revenue sequence?
• Your recession may be very different from your customers

MSP Zone Reading Material:

• https://stocks.apple.com/AoOZ5mFiyQOuZCE9tHqDbCQ
• U.S. Headed for Massive Layoffs: Economist (msn.com)