The CEOs listed some points that could influence future decisions, such as the drop in existing customers and sales, the variation in revenue, cash flow and company costs, as well as external factors, such as benefits offered by the government.
The cash, revenue and cost factors guide Bruno's vision of the future. Taking into account factors such as price, number of orders, number of customers, variable and fixed costs, he says that he forms his thinking and maps out possible paths from there.
Omar suggested getting ahead of political decisions, high school coaches email list taking advantage of the facilities offered by the government to postpone tax payments and negotiating deadlines with your suppliers, keeping a cash reserve for emergencies. Even if you are not sure that you will need it, do not take advantage of anyone at this time, as everyone is in a far from ideal situation.
Companies have to help each other. Don't think about coming out of the crisis better than when you went into it. You have to read, try to extract and filter what you hear to make the best decisions.
How to make better decisions from information
All media outlets have their biases. You must form your own opinion and be critical of the information, so follow all media outlets, look for ideas that make sense for your business and go after the answers.
This is a time for protection and care, so keeping up with the situation, keeping your feet on the ground, adapting and changing your mind can be a decisive factor for your business. Furthermore, listening to different opinions and promoting more debate is essential for the survival of companies.
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