When facing cash flow instability in my corporate finance strategy, it's crucial for me to effectively prioritize expenses to maintain financial stability. I would start by categorizing expenses into essential and non-essential. Critical expenses like payroll, rent, and key operational costs should take priority since they are necessary for keeping the business running. Next, I would review variable costs and look for opportunities to reduce or delay non-essential spending, such as marketing or discretionary projects, without compromising long-term growth. Monitoring cash flow closely and renegotiating payment terms with vendors or creditors would also be important steps to maintain liquidity and navigate through the instability.
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