Prepare Your Business - Capital

In times of uncertainty, the best strategy is to do everything possible to preserve your capital and ensure credit will be available as needed.

D. Brown Management Profile Picture
Share
Leadership Tools for COVID-19: Prepare your business starting with the basics. 3 Key Business Requirements. Protect your Capital.

Learn from the lessons of history

The above points are not prescriptive in nature, but should definitely be considered as you and your management team prepare for the many many tough choices ahead. 

“If you haven't read hundreds of books, learning from others who went before you, you are functionally illiterate – you can't coach and you can't lead.” - General Mattis

We can all learn many lessons from history that are very applicable in today’s situation.  

18 tips that you can use to improve your cash flow:  


COVID-19 Leadership Tools for Contractors
Leadership Tools Helping Contractors Navigate COVID-19 and the Post-COVID Recession Likely to Follow...

Related Training
COVID-19 Leadership Tools for Contractors
Leadership Tools Helping Contractors Navigate COVID-19 and the Post-COVID Recession Likely to Follow...

We Are Americans
We are Americans. This is the first thing we must focus on as we lead through the many challenges we will face individually, as families, as businesses, and as communities coping with COVID-19 and the very likely financial fall-out that will follow.
Two Critical Things Every Business Must Do
The business of construction is both challenging and exciting, with days full of risks and rewards. Jack Stack calls it “The Great Game of Business,” where he describes how to create a culture of ownership.
The Contractor Scoreboard - A Contractor Must Do 3 Things
This outcome-based scoreboard keeps everyone focused on what matters. Avoid metric overload and diffusion of resources. All other metrics throughout all levels of the organization fall into a hierarchy below these with priorities changing over time.