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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

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. Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams.

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Propel Small Businesses to Success

Business Consulting Agency

Financial Management Consultants offer advice on budgeting, financial analysis, and cash flow management. They review workflows, supply chain logistics, and production processes to identify inefficiencies and areas for improvement. Technology Integration In an increasingly digital world, keeping up with technology is essential.

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Power of Business Consulting: How Companies Reap Benefits

Business Consulting Agency

Their expertise aids in maximizing profitability, enhancing cash flow management, and ensuring financial stability in the face of economic fluctuations. Operational Efficiency and Process Improvement: Identifying inefficiencies and streamlining operational processes are critical for businesses to enhance productivity and reduce costs.

Company 52
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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Gross Domestic Product (GDP) growth to 5.0% There is evidence that this debt growth has become excessive and non-productive. After the massive stimulus and more than doubling of new bank loans in 2009, the government attempted to stabilize credit growth, but the growth of the shadow banking system exploded instead.

Finance 75
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Financial Shenanigans Versus Incompetence

Martinka Consulting

We have a government with annual deficits of $1 trillion and with a lot more “off the books” because there are non-budget items. But this is not about GE but rather about accounting irregularities in general.

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How Well Do Your Policies Create Desired Outcomes and Trust?

Johanna Rothman

If you don't manage your cash flow, a lack of cash will kill your business. And, because I needed the signoffs as part of our governance, I wasted a day getting people to sign. Ask these questions about your current policies: How much value does this policy add to the products and services we sell?

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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

Technology combined with data is a matter of life and death for professional services firms where the “product” is a combination of insights and expertise. It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources. Are compliance/governance rules working?

Agile 52