3 Steps to Protect your Business during a Crisis
Shoot the Moon with Revenue Rocket
English - April 09, 2020 16:43 - 8 minutes - 7.47 MB - ★★★★★ - 6 ratingsManagement Business Entrepreneurship business growth selling your business m&a process growth strategy it services m&a managed service providers cybersecurity cloud services custom application Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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It is important as business owners and executives to inventory and quantify your exposure in times like this. COVID-19 is eating away at the health of our country. Not just our physical health but our economic health. By evaluating your risk ahead of time you can ensure you take steps early on to protect your business from rising and delinquent accounts receivable (AR) and subsequent cash flow issues.
Find the 3 steps in full on our blog.
If your business is severely impacted:
Offer early pay discounts to your clientsSecure receivablesConnect with your banker on cash flow optionsRight size your businessLook at options you may have not looked at beforeBecome verticalizedConsider a merger or acquisitionListen to Mike’s insights into protecting the health of your business during an economic downturn on Apple Podcasts or Spotify.
Listen to Shoot the Moon on Apple Podcasts or Spotify.
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