top of page

24. How to Prepare Your Business For A Downturn

Air Date:

Nov 30, 2022

Duration:

54 Min

Essential financial keys to ensuring your business will survive during this economic downturn:

1) Understand HOW what's going on in the economy IMPACTS your business SPECIFICALLY (micro vs. macroeconomics)

2) Do a Sensitivity Analysis: a sensitivity analysis looks at your top revenue generators and sees their sensitivity to what's going on externally.

3) Understand your Cash reserve: How long can your business survive the loss of a large client or a significant disruption?

We dive into these topics and other keys in this week's episode.

Watch This Episode:

Listen To This Episode Anywhere: 

Spotify
Google Podcast.png
Apple Podcasts for Black.png

Episode Show Notes :

bottom of page