{"id":4208,"date":"2023-03-21T07:02:19","date_gmt":"2023-03-21T11:02:19","guid":{"rendered":"https:\/\/www.erpsuccesspartners.com\/?p=4208"},"modified":"2023-03-21T07:02:22","modified_gmt":"2023-03-21T11:02:22","slug":"6-ways-to-recession-proof-your-business-in-2023","status":"publish","type":"post","link":"https:\/\/www.erpsuccesspartners.com\/fr\/2023\/03\/6-ways-to-recession-proof-your-business-in-2023\/","title":{"rendered":"6 fa\u00e7ons de prot\u00e9ger votre entreprise contre la r\u00e9cession en 2023"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;18px|0px|27px|0px|false|true&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|5px|0px|5px|false|true&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;19px||0px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;16px&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_padding=&#8221;3px|||||&#8221; inline_fonts=&#8221;Open Sans&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<p>Depending on whom you ask, which news report you\u2019re reading or analyst that you\u2019re listening to, some of the world\u2019s biggest economies are already in a recession or heading toward one. Whether this downward cycle ends in a \u201csoft landing\u201d\u2014or if the overall negative impacts are wider and deeper\u2014now is the time to take steps to position your business to maximize output during the slow times.<\/p>\n<p>While the knee-jerk reaction may be to start cutting internal expenses, pull back on hiring and take other cost-cutting measures, these aren\u2019t considered sustainable solutions to a short-term challenge. In fact, taking these extreme measures now could even curtail company growth down the road, when the economic outlook is brighter.<\/p>\n<p>\u201cAfter three years of adapting to disrupted business conditions due to the pandemic, the aftermath of inflation and fears of recession have leaders scrambling to get budgets in line with slower revenue growth,\u201d <span><a href=\"https:\/\/hbr.org\/2023\/02\/when-cutting-costs-dont-lose-sight-of-long-term-organizational-health\"><em>Harvard Business Review<\/em><\/a><\/span> reports. \u201cRiddled with the anxiety of making the wrong choices and having to deliver tough news, leaders are often prone to making short-sighted decisions when cutting costs.\u201d<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|true&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|5px|0px|5px|false|true&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;6px|||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; text_font=&#8221;Montserrat||||||||&#8221; text_text_color=&#8221;#0A367D&#8221; custom_margin=&#8221;||12px|||&#8221; custom_padding=&#8221;||13px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<h2><span style=\"font-size: x-large; color: #052abe;\"><strong>6 Steps to Take Now<\/strong><\/span><\/h2>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; text_font_size=&#8221;16px&#8221; header_3_font=&#8221;Montserrat|700|||||||&#8221; header_3_text_color=&#8221;#052ABE&#8221; header_3_font_size=&#8221;17px&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<p><span><a href=\"https:\/\/www.gartner.com\/smarterwithgartner\/7-cost-reduction-mistakes-to-avoid\">According to Gartner<\/a><\/span>, just 43% of companies actually achieve the cost reductions they reach for in the first year, and only 11% can sustain the prudent behaviors into year three. \u201cThe ultimate failure comes from taking their eyes off the future,\u201d <em>HBR<\/em> points out. \u201cFor example, only 9% of companies create enough capacity to take on growth and innovation to support their long-term aspirations.\u201d<\/p>\n<p>The balancing act between managing the current economic uncertainty and preparing your company for future success isn\u2019t always easy, but here are six time-tested strategies you can use to get on the right track in any business conditions:<\/p>\n<h3><\/h3>\n<h3><\/h3>\n<h3><span style=\"color: #052abe;\">1. Develop a cash flow plan<\/span><\/h3>\n<p>Running out of cash is always a top concern for business owners, but it becomes especially important during a recession. \u201cStart by getting a handle on your current cash balances and monthly sources and uses of cash,\u201d <span><a href=\"https:\/\/www.netsuite.com\/portal\/resource\/articles\/business-strategy\/recession-proof-your-business.shtml\">NetSuite<\/a><\/span> \u201cCreate a rolling cash flow forecast for the next quarter to guide the management team and serve as an early warning tool that alerts them to variances.\u201d<\/p>\n<h3><span style=\"color: #052abe;\">2. Stick to your budget<\/span><\/h3>\n<p>When you operate within your budget, you put your business in the best possible position, should a recession emerge. \u201cIn fact, following a budget or operating plan is a best practice at all times,\u201d NetSuite points out. \u201cSome recessions, like the one associated with the onset of the COVID-19 pandemic, come without any economic early-warning signals.\u201d<\/p>\n<h3><span style=\"color: #052abe;\">3. Pay down your debt<\/span><\/h3>\n<p>If you enter a recessionary period as debt-free as possible, it positions your company to have the highest amount of capital available to draw on in the future\u2014should you need it. \u201cPrepayment of debt may also save some interest expenses, which can be tucked away in cash reserves,\u201d NetSuite adds.\u00a0<\/p>\n<h3><span style=\"color: #052abe;\">4. Use more automation<\/span><\/h3>\n<p>When you use an enterprise resource planning (ERP) platform like NetSuite to incorporate more automation into your business processes, you can save time, money and valuable resources. \u201cThe futuristic businesses focus on incorporating automation of essential business operations,\u201d consulting firm Capital Numbers points out in <span><a href=\"https:\/\/www.capitalnumbers.com\/blog\/top-5-ways-to-recession-proof-your-business-with-technology\/\"><em>Key Ways to Recession-Proof Your Business.<\/em><\/a><\/span> \u201cIt saves countless hours of labor and aggravation while allowing companies to do more with fewer resources.\u201d\u00a0<\/p>\n<h3><span style=\"color: #052abe;\">5. Focus on your customers<\/span><\/h3>\n<p>Capital Numbers says 86% of customers are ready to spend more for a better experience, while 93% of consumers are more likely to make a repeat purchase following a pleasing experience. \u201cFrom these numbers, you can understand why a positive customer experience is essential to scaling revenue development,\u201d the company adds. \u201cSatisfied customers are more loyal, spend more money and may also promote your brand effectively.\u201d\u00a0<\/p>\n<h3><span style=\"color: #052abe;\">6. Get a better handle on your inventory<\/span><\/h3>\n<p>\u201cWhile you\u2019re reviewing your receivables, spend time examining your inventory practices,\u201d Mike Berner advises in <a href=\"https:\/\/www.business.com\/articles\/seven-ways-to-recession-proof-your-business\/\"><em>How to recession-proof your business.<\/em><\/a> For example, are you ordering excessive quantities of certain items? Could you perhaps buy certain products at better prices from different vendors? \u201cThere are many ways to cut costs, so don\u2019t get caught up doing things one way because it\u2019s what you\u2019re used to,\u201d Berner adds. NetSuite Inventory Management provides a single, real-time view of inventory across all locations and sales channels, allowing businesses to reduce inventory on hand to free up cash while avoiding stockouts. By optimizing inventory levels and ensuring product availability across multiple channels, the solution helps businesses keep inventory costs low while exceeding customer expectations.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;6px|||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; text_font=&#8221;Montserrat||||||||&#8221; text_text_color=&#8221;#0A367D&#8221; custom_margin=&#8221;||12px|||&#8221; custom_padding=&#8221;||13px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<h2><span style=\"font-size: x-large; color: #052abe;\"><strong>Power-Up with NetSuite &amp; Reach Your Goals<\/strong><\/span><\/h2>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; text_font_size=&#8221;16px&#8221; custom_padding=&#8221;||0px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<p>Regardless of the current state of the economy, it\u2019s important to prepare your business to both tackle the \u201cnow\u201d and prepare for what\u2019s to come. By working with an experienced provider like ERP Success Partners to either implement or optimize NetSuite, you can position your company to tackle the rigors of the current economic environment and prepare it for even more success in the future.<\/p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.erpsuccesspartners.com\/contact-us\/&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;CONTACT US NOW&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.16&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;14px&#8221; button_text_color=&#8221;#FCFCFC&#8221; button_bg_color=&#8221;#052ABE&#8221; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;5px&#8221; button_letter_spacing=&#8221;0px&#8221; button_font=&#8221;Montserrat||||||||&#8221; button_icon=&#8221;&#x24;||divi||400&#8243; custom_padding=&#8221;7px|22px|7px|22px|true|true&#8221; animation_style=&#8221;slide&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>D\u00e9couvrez les 6 meilleures fa\u00e7ons de prot\u00e9ger votre entreprise contre la r\u00e9cession en ces temps sans pr\u00e9c\u00e9dent qui frappent les industries mondiales. <\/p>","protected":false},"author":9,"featured_media":4210,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_pvb_checkbox_block_on_post":false,"footnotes":""},"categories":[171],"tags":[],"dipi_cpt_category":[],"class_list":["post-4208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.9) - 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