Pro Tip: Developing Resiliency

As a business owner it is your obligation to focus on developing resiliency in your operations. This obligation is to your customers, your employees, your partners and ultimately to yourself and your future. What does developing resiliency mean though?

– Focusing on margin improvement. Margins = Security in an uncertain economic climate.

– Developing adequate liquidity reserves.

– Prioritizing diversification in your revenue streams and the means to generate them.

– Spend time on planning for the future.

These four pillars can give you security through resiliency, don’t deprioritize them!

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