In the situation of a cash crisis, the steps that have the highest small-term giveback tend to be focused on cost reduction (although often simply raising prices is a surprisingly simple early win). In the longer term the focus shifts to re-positioning the business so that it moves into the most profitable areas open to it.
Tags: | stories | motherhood | alternative medicine |
June 14, 2011
Funding a Business Turnaround 5 – Cash Flow Improvements in a Crisis
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