For our last two posts, we have been delving into Business Plans — both why they are so important, and what should be contained in every business plan. Last time, we started to take a look at those contents, and today, we are finishing up with the last several sections — Business Objectives,
Almost all of us in the automotive industry have experienced some level of upheaval during the Coronavirus pandemic, and we can expect this uncertainty to continue in the economy for a while longer. During this time, we have been looking for stability and ways to get through this situation. We have found that our members
What do you need to do if you’re struggling financially? Adapt and change. Here are a few thoughts for consideration. Evaluate how cash leaves and enters your company. Can you cut some outgo or speed up some inflow? You need to watch cash because those who have it will win. Cash flow is a critical