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Issue - March/April 2024

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Facing Financial Challenges

Every company faces financial challenges at some point in its operations. For this feature, we asked our members what steps a company might take to respond to cash flow issues and other financial difficulties. Each of our contributors takes a slightly different approach to this ubiquitous problem, including various sources of financial angst and how to remedy them.


Some of the sources are fairly straightforward, like inflation, labor availability issues, and staffing decisions. Others speak to the difficulties that can arise when a company you have trusted with your customer’s goods pays you late or refuses to pay you at all. Every company in the industry faces issues like these at one time or another. Keep reading to find out what your colleagues are saying.


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