Global trade and supply chains are going through a massive shock. Because COVID-19 has led to lockdowns, suppliers in the chain are temporarily ceasing production, and logistic providers can no longer transport goods as seamlessly, particularly across borders. As the situation changes daily, it’s critical that you work closely with your suppliers to help your
Optimize Your Cash Reserves Right now, your top priority as a business owner is to optimize cash reserves as the magnitude and duration of the COVID-19 crisis remain unclear. Your assumptions about customers, sales cycles, revenue, cash flow, and cash runway are no longer true. Below are ten actions that you can take now to
As a business owner, you know that customers are essential to grow revenue and increase profits. You also know that the best companies are customer-obsessed and provide personalized experiences, quality products, and friendly responsive service. But what do you know about YOUR customers? Knowing your customer metrics is the first step to improving profitability
