Angelique says:

In my experience, businesses often fail to realize that when they are at risk, they can focus more on converting that risk into an opportunity. Instead of wearing those dreadful “defeated” hats, put on your thinking caps. Take this as an opportunity to pause, slow down your activity and dig into your processes. Focus on the areas that can improve cash flow by creating systematic ways to check activity and profitability. Examine your business practices and confirm that they are actually working in your favor.

It is often an unfortunate circumstance when businesses operate with a weak working capital level and struggle to meet their financial obligations. Both management and employees start to panic, and the urgent brainstorming meeting invites start to roll in. This is, of course, often followed by the impending question of how you can realize quick cost-saving opportunities and may be accompanied by the demand to stop spending cash.