Prepare Your Business - Capital

In times of uncertainty, the best strategy is to do everything possible to preserve your capital and ensure credit will be available as needed.

D. Brown Management Profile Picture
Share
Leadership Tools for COVID-19: Prepare your business starting with the basics. 3 Key Business Requirements. Protect your Capital.

Learn from the lessons of history

The above points are not prescriptive in nature, but should definitely be considered as you and your management team prepare for the many many tough choices ahead. 

“If you haven't read hundreds of books, learning from others who went before you, you are functionally illiterate – you can't coach and you can't lead.” - General Mattis

We can all learn many lessons from history that are very applicable in today’s situation.  

18 tips that you can use to improve your cash flow:  



Related Training

Always Do the Math and Build Your Own Models
You will learn more in the process of building and refining your own models than you will in just reading 1,000 headlines. How much time do you spend developing your own models as a mechanism to learn?
Deliberately Building Your Perfect Life
What did you do today to improve your value-add and do more of what you love? The foundation of all sustainably growing contractors is a team with each person individually strong, sharing common values, and aligned around a common purpose.
Creative Adaptability as a Company Culture and Capability
Ensure that your business and career thrives in the current COVID shutdown and in the likely post-COVID recession. Be like Batman and build yourself into who you need to be in order to thrive in all situations.