Meggan Ciaccia with Montecino & Ciaccia, P.A.: “How to know when it’s time to take a risk and expand your business: A financial perspective”
Do you feel paralyzed by the uncertainty of this past year? Decision making becomes more difficult during uncertain times because the unknown is multiplied. Business owners need to act and make decisions without having all the information. You need to be on your toes and ready to adapt during uncertain times when stability is desired. Understanding when to take a calculated risk in your business and grow and when to be conservative and protect your cash flow can be the difference between surviving and thriving during uncertain times.
Having the right perspective on your finances will boost your confidence in knowing your business will survive the uncertain times and be here for 5, 10, 20 more years.
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