Pro Tip: Get More Control Over Your Future

What are three practical things business owners (regardless of industry) can do today to get more control over their future?

1. Begin an ongoing dialogue with significant suppliers to understand their economic risk exposure and how it is likely to pass through to their customers.

2. Plan out your cash runway. Attempt to do this based on some variables building in revenue and collection timeframe fluctuations as well as efficiency changes to extend runway.

3. Identify alternative offerings to reach new types of customers or meet new customer needs.

Be intentional and plan to win. Your CFO can help.

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