Planning for 2021 in Uncertainty

Planning for 2021 in Uncertainty

As we look forward to the new year, many of us are finding it challenging to plan for our businesses with economic uncertainty still looming. The difficulty of predicting when we might start to see economic recovery and determining what that means for our business and growth leaves us all wishing we had a crystal ball. At Ascent CFO, we have been working with our clients to address the unknown by building out scenarios that plan for a slow economic recovery with flexibility that allows for acceleration should we see recovery happen sooner than forecasted. Here are a few tips that you may find helpful to put your company in a conservative, yet opportunistic position.