Blog Layout
GrowthLab’s 5 Steps to Weather the COVID-19 Storm
5 Steps to Weather the COVID-19 Storm
1. Be Surgical with Expenses
■ Smart business owners use a scalpel to cut expenses surgically, not an axe
2. Focus on the Customer Experience
■ Great companies use difficult times to focus on the customer experience
3. If the Constraints are too Large, Refocus on your Business Model
■ Agile businesses adapt in order to succeed… like restaurants are doing to stay alive
4. Short Term Planning
■ Smart managers understand their cash flow and cash needs for the next three months
5. Long Term Planning
■ Big picture thinkers don’t lose sight of the drivers of their business over the next three years and cash requirements – Bank Debt, Working Capital, or Equity for example.
Check out More of our Recent Content!
Financial Planning & Analysis (FP&A) is central to effective business management, allowing companies to meet financial goals and optimize tax outcomes through strategic tax planning. This approach not only maps a route toward financial stability but also integrates cash flow management to effectively navigate tax obligations.
Tax landscape can be complex, with different deadlines for various business entities and types. Whether you're a sole proprietor, a partnership, a corporation, or another type of business entity, understanding your tax obligations and deadlines is essential.
Navigating the intricacies of R&D tax credits can be difficult when it comes to filing your business tax returns. As part of this process, you need to identify qualifying expenses and provide adequate documentation that shows how certain requirements are met.
GrowthLab is your Finance-as-a-Service partner
that serves Founders and Management Teams with