Law & Health Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Law & Health Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Credit Management Association
Nine Critical Steps to Anticipate & Plan for Economic Stress
February 28th, 2009
As more and more businesses confront the devastating impact of the recession, executives can take immediate and specific steps to reduce the damage and stave off the worst outcome of all, bankruptcy. "Pain is inevitable in this economy," according to Mike Mitchell, President of the Credit Management Association, "but in many cases the most dire consequences of that pain can be anticipated and even avoided. Businesses which plan for and stay several steps ahead of the curve are far more likely to come out of the recession healthier. The benefits of taking action early will serve the business, its employees, its customers and the economy." Mr. Mitchell...
Source: Law & Health Weekly (2009-02-28)
|
