Mastering the Art of Crisis Management: A Comprehensive Guide for Small Business Finances
Strategy Driven
JULY 5, 2023
If necessary, consider taking out a short-term loan to tide over the crisis. This might involve tough decisions like restructuring or letting go of less profitable product lines, but such changes can lead to a more robust business post-crisis. Building a Contingency Fund While the going is good, set aside funds for emergencies.
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