Management will take the following steps to minimize fixed expenses and reduce pressure on cash flow.
-
Limit management salaries until monthly cash flow is sufficient for two months' working capital including modest salaries.
-
Form strategic partnerships with supply-chain partners in a revenue sharing arrangement that defers our payments to them until sales revenues are collected.
-
Work from home and network with associates and customers via email and phone, etc.
-
Finance operations with our personal credit cards.
-
Use our own vehicles for business travel.
-
Use barter wherever possible for goods and services required to operate the business and produce revenues.
We are ron Paul Supporters. We know Monetary Policy and Fiscal Responsibility! Australian Economic Models not Keynes.
