Unpredictable times call for financial prudence. As agencies of all types have retrenched and regrouped during the Covid-19 pandemic, they also need to be thinking about how they’ll operate should a recession ensue.
With the last downturn taking place over a decade ago, many agencies have not experienced an economic slump. With that in mind, we put together this ebook—“The 10 Question Guide to Agency Financial Planning for a Recession” —to help with some of your most pressing issues. The answers come from four top experts in agency finances and operations. Think of it as a jumping-off point for weathering the current storm and taking advantage of new opportunities.
Among the questions getting expert answers are:
- What income statement indicators do I need to focus on and what level of cash reserves should I have in place?
- What should I do if client payments start to slow?
- Should I start renegotiating long-term agreements like rent and insurance?
Get the expert advice you need to survive (and maybe even thrive) in the coming months, download the ebook today.