- KredX Editorial Team
- 12 Aug 21
- Invoice Discounting,Revenue Based Financing

The current economic slowdown has brought in several financial challenges to businesses in India. According to data, 71.31% of the companies have experienced shrinkage in their cash flow due to the situation. It resulted in deferred payments, a slowdown in business operations, etc.
These issues primarily cropped up because the pandemic took everyone by surprise, and most businesses were not/underprepared to deal with the onslaught. However, after a year, the situation is different.
Businesses have adapted to the changing norms, although not fully. And with another Covid-19 wave on the cards, enterprises are grappling anew with the last years’ predicament. To this end, strong company fundamentals and modifying financial management strategies is essential.
The following points dive into the intricacies of this to help businesspersons surf through these trying times easily –
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Managing Cash Flow
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Checking The Business Model
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Long-term Financial Planning
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Obtain Appropriate Capital
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Maintain A Bookkeeping Practice
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Stock Control
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Protect Your Asset