Remove 2008 Remove Balance Sheet Remove Forecast Remove Sales
article thumbnail

How to Start a Construction Company

Up and Running

Construction companies have their ups and downs (for example, the economic crisis of 2008 hit construction firms hard ), but it’s an industry that will always have demand—and where there’s demand, there’s opportunity. Projected Balance Sheet showing three years of assets, liabilities, and capital, to indicate projected net worth.

SBA 60
article thumbnail

Out of the Crisis #4: Carl Liebert, crisis veteran and radical optimist

Startup Lessons Learned

Carl was also worldwide head of stores at Home Depot when Hurricane Katrina hit, running sales out of the backs of trucks and accepting IOUs for payment. 42:07) On how the 2008 financial crisis prepared banks for the pandemic. (44:25) Stanley McChrystal's Team of Teams. (29:34) 34:28) The mortgage industry finally goes digital. (37:22)

article thumbnail

In a Crisis, Planning Matters More than Ever

Up and Running

Your sales have plunged, or worse, your business is now closed during the shutdown. Specifically, if you have an ongoing sales forecast , and expense budgets linked to that forecast, then you have instant visibility for making quick adjustments to sudden change. . What your sales numbers look like in a crisis.

Forecast 157