Crisis Management

1. Establish if the company has critical mass
2. Create a “Cash Flow Projection” – account for budget and deferred payments.
3. Stop the bleeding.
4. Create an Annual Departmental Budget.
5. Develop Leading Indicators.
6. Benchmark the budget vs. competition.
7. Analyze job costing and flat-rate pricing.
8. Create a 5-year departmental budget.
9. Acquire Emergency Funding.
10. Educate Banks about negative equity.