Edward Tuorinsky , Managing Principal of DTS, brings two decades of experience in management consulting and information technology services. getty Signs are starting to point to a recession just as businesses were hoping to emerge from the pandemic times. The economy is the latest challenge in a string of unnerving events for businesses and their leadership. How you respond now will determine where you land after this storm has passed. I’ve always found that in times of turmoil, it’s best to go back to the basics. The strategies that build a strong business foundation can carry you past any number of obstacles or roadblocks. And starting early is its own advantage; while others panic or scurry later, you’ll already have a plan. Begin with five foundational strategies: 1. Set a budget and shore up cash reserves. Creating and tracking a budget provides insight into how you’re spending your money and your cash flow throughout the year. In lean times, it’s more important than ever to have a detailed plan for the expenses you know you’ll have, from employee pay raises to insurance premiums to hardware upgrades, as well as the activities you know you need to do, like protecting […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
