Is it a slowdown or a recession? It doesn’t really matter how you describe economic stress if you are prepared for it. If you’ve been through a few economic contractions, you’ve learned that contingency planning dramatically increases your odds of survival.
Good preparation can turn a crisis into an opportunity. A contingency plan provides you with the confidence that you are equipped to survive adversity and thrive in the future.
Download this guide to explore these tough questions:
- Which key performance indicators should you be watching and how do you know when it’s time to take action?
- Is your financial model flexible enough to create several scenarios to guide your actions?
- When the storm hits, does everyone know their roles?