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Keep a cool head, focus on issues during troubled economic times

It’s tempting to allow the current economic storm to distract us from focusing on essential matters a bit closer to home. Since most of us don’t have the knowledge or resources to directly impact the capital or credit markets, it’s important to pay attention to what we can make an impact on. We can influence our immediate environment and, in particular, the businesses that we own or are charged with managing. Given the current situation, it is time to focus on those business issues that directly affect a company’s ability to shore up cash, such as:

  • Backstop Liquidty
  • Working Capital
  • The Company’s economic drivers and business metrics
Read the rest at The South Florida Business Journal (http://www.bizjournals.com/southflorida/stories/2008/11/03/smallb2.html)

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