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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. Adopt Conservative Financial Management Maintaining the financial health of a business is paramount if one hopes to thrive during periods of economic challenge.

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Management Consulting

CaseInterview.com

Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. Management Consultants help businesses make strategic decisions that directly impact the entire company. What is Management Consulting A lot of people ask me, “What is management consulting exactly?”It’s

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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

In this article, we will delve into essential KPIs that every professional services firm should monitor to gauge their business performance, profitability, and progress towards overarching objectives. Profit Margins Profit margins indicate the percentage of revenue retained after covering project-related expenses.

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How Middle Market Companies Can Avoid a Liquidity Crisis

Harvard Business

Managers tend to think about liquidity as a finance issue, but in face the behaviors of the sales and operations team — and how they communicate and work together — can have a direct affect on a company’s cash position. Following these steps can reduce a company’s working capital needs and increase earnings and cash flow.

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Unlocking Business Profit Potential

Business Consulting Agency

In this article, we’ll outline the essential steps to increase profits with the help of consulting services and emphasize the pivotal role of business consulting agencies in achieving financial success. Review income statements, balance sheets, and cash flow to identify areas that impact profitability.

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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. There are several ways to get some cash-flow relief to help you pay your bills in the near term as a result of the $2 trillion CARES Act: 1. A stimulus payment from the U.S.

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Propel Small Businesses to Success

Business Consulting Agency

This article explores the various areas where a business consultant can assist and outlines the benefits that their expertise brings to small businesses. Financial Management Consultants offer advice on budgeting, financial analysis, and cash flow management.