Business gets into hard time quite often. The curve of business goes up and comes down. This is well described by Spencer Johnson in his book “Peaks and Valleys”. Here peaks are referred as good times and valleys are described as hard times. These phases are bound to come. No one can avoid them. It is important too know how to handle them.
I have mentioned here 4 points which can of help
1. Manage cash flow
2. Pivoting
3. Flexibility
4. Modified product line
Listen & Enjoy !
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