Navigating a Downturn: Strategies for Business Resilience
Tom Spencer
MAY 24, 2024
Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams. Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk.
Let's personalize your content