Survival guide for SMEs & startups

You have a short time window to save your company?

You can modify nine business variables to get out of this crisis!

1) Government aid: request financial help from your authorities
2) Legal claims: Check insurance policies and other legal rights
3) Divestment: sell non-operational assets
4) Business model: adapt your services to changes of your customers’ behaviour and governmental regulations
5) Marketing & Sales: only run channels which result in a positive contribution margin
6) Employees: ask your employees for help and find mutual agreements in this unusual situation
7) Working Capital: ask customers to pay earlier and suppliers later including insurances and tax authorities
8) Financing: borrow money or get investors on board
9) Fixed costs: reduce spending wherever you can