7 Steps to Recession-Proof Your Business

As some economists are forecasting a recession, even optimistic finance executives hope for the best while preparing for the worst.

A recession is in the forecast. Are you ready to weather it? 

The United States has experienced 13 recessions since 1945, according to the National Bureau of Economic Research. The shortest, in 2020, lasted just two months. The longest, at 18 months, peaked in 2008. Inflation is rising faster than it has in 40 years, driving even the most optimistic finance executives to hope for the best and prepare for the worst.

Some CFOs aren’t waiting until all they can do is slash spending and schedule layoffs – they are positioning for resiliency. What are you working on now to ensure your business is ready to ride out the storm?

Download the whitepaper to learn how to position your business for the upside during a slowdown.

Topics include:

  • Dos and don’ts of cost cutting 
  • 3 ways to score automation wins
  • Steps to assess supplier risk

 

Download the whitepaper