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AdviCoach SE Michigan: Surviving and Thriving in COVID-19

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Business coach David Waymann offers advice for family business during this hard time.

ANN ARBOR, Mich. - eTradeWire -- The Coronavirus has created much uncertainty for businesses throughout Michigan and the nation.

The government lockdown has frozen the income for many small and medium businesses, and consumer confidence is low.

According to business coach David Waymann, this is a good time for business owners to think about the fundamentals of their business.

Cash flow is a very common problem at this time.

David Waymann of AdviCoach Southeast Michigan has this to say:

"Some of the most common complaints I get from family businesses are about cash flow. I recommend breaking cash flow down into its component parts – revenue, direct and indirect expenses and net profits. The most important drivers of cashflow in a family business or any business are marketing and sales. This allows us to think more strategically about isolating, improving, and measuring these. If your Michigan family business is struggling with cash flow, contact AdviCoach!"

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David Waymann is a business coach with AdviCoach of Southeast Michigan, specializing in family business, and cash flow problems while protecting health and building wealth. For more information, visit his website at https://advicoach.com/southeastmi/. He can also be contacted at 734-726-5208.

Source: Michigan SEO Group
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Filed Under: Business, COVID-19

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