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Mastering the Art of Crisis Management: A Comprehensive Guide for Small Business Finances

Strategy Driven

In this in-depth exploration, we will delve into tips and strategies to manage your small business finances during a crisis and emerge more resilient than ever. Understanding these vulnerabilities is the first step towards effective crisis management. If necessary, consider taking out a short-term loan to tide over the crisis.

Finance 109
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How to Manage International Expansion

Strategy Driven

Managing international expansion is a very exciting job prospect that also comes with a great deal of responsibility. This article has been created to help you understand how you can easily and effectively manage your business’ international expansion. Use Translation Management Software. Create a Clearly Defined Timeline.

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Why Accounting in Business is Important

Strategy Driven

Liquid assets are cash, securities, receivables, and other financial assets that can be converted into cash within a short period, like a day or two. Intangible assets, such as buildings or equipment, are less liquid and can take longer to convert into cash.

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Preview Thursday: The 9 Dimensions of Conscious Success

Lead Change Blog

If you show up as a mess (I use this term to mean many aspects of your life) but want to impress people, your impact will surely fall short of your intent. David Nielson brings over four decades of corporate, Fortune 500, and private consulting experience in organizational change management, leadership development, and training.

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10 Steps to Take if Your Business is Going Bankrupt

Strategy Driven

This is where a business has to restructure their company debt, contacting their debtors to arrange manageable payment instalments or liquidate assets to pay off outstanding debts. Restructure the Business. You may need to restructure the business in the short term to ensure that your creditors are paid.

CVA 123
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What Not to Do When Business Sours

In the CEO Afterlife

In terms of rectification, you have to look at the issue in the context of whether the problem is a short-term blip or the beginning of a long-term shift to your business or industry. When I was a CEO, I managed to squirrel away a “rainy day” fund for nasty business blips. At best, they are managers.

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Boost Innovation by Strengthening the Organization’s Immune Systems

Great Leadership By Dan

Too often, when innovation processes fall short, top managers make the impulsive diagnosis that it’s because their people are simply unwilling to change. This assumption is pervasive: A recent study revealed that 76 percent of managers believed their organizations didn’t have the capabilities needed to move into the future.

System 161