Will a new economic crisis emerge?
How severe will the effects of the Corona virus be? And how can ProMISe help you?
While the Corona virus is still spreading, the stock markets are plummeting and The Netherlands is in a semi-lockdown. Will a new economic crisis emerge? And how severe will it be?
At the moment, no one can say for sure. Nor how long the Corona crisis with last. But it is inevitable that the crisis will have consequences for many (smaller) companies. How do you survive in such difficult financial times?
One of the things you can do is to work on process optimization. In actual fact this is something that is important not only in times of crisis but at all times. It is remarkable that this is usually one of the first things that companies cut back on, when business starts to decline. With a more efficient production, you can save enormously on costs, and at the same time increase profits. This significantly increases survival chances in times of crisis.