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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

In this article, we will explore six (6) tips for businesses to successfully navigate economic challenges. Businesses should adopt conservative financial management practices , such as effective cash flow monitoring, prudent budgeting, and building a large war chest of cash and other liquid assets.

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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

Record number of small business sales in 2018! 70% of medium sized companies will change hands (2008). PriceWaterhouseCoopers – Two-thirds of companies with sales of $5,000,000 to $50,000,000 will change hands in the next 10 years (2011). Notice the same predictions from 2008-2015? This as per bizbuysell.com.

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What GE’s Board Could Have Done Differently

Harvard Business

Since Immelt’s departure, GE’s stock is down another 30%, as its new CEO, John Flannery, has struggled to cope with the cash flow drain from years of problematic acquisitions, divestitures, and buybacks. Because of these dubious decisions, GE’s ratio of debt to earnings has soared from 1.5 in 2013 to 3.7

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The Comprehensive Business Case for Sustainability

Harvard Business

Hoping to alleviate their concerns, this article also provides concrete examples of how sustainability benefits the bottom line. Moreover, some studies show that overall sales revenue can increase up to 20% due to corporate responsibility practices. These premiums can reach 20% according to some estimates.

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My Struggles with Suicide

CaseInterview.com

I started this article two years ago, but candidly, I was too scared to finish and publish it until now. In the video accompanying this article, I talk with Kim McKewon about my struggles with suicidal thoughts. My strongest and earliest memory of depression and suicidal thoughts occurred in the two years leading up to 2008.

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