The last two years have been a bumpy ride for organizations of all sizes globally. During this time, small and medium-sized businesses (SMBs) were hit the worst.
Since most SMBs have limited cash and resources, setbacks were much more severe for them than for big corporations with more resources.
Nothing is more crucial to a business than stability. Yes, profit matters, but companies can achieve consistent profits easily when markets are stable.
The world, of course, doesn’t always work this way.
Even though it’s no secret that small to medium-sized businesses often have vastly fewer resources in comparison to larger enterprises, prioritizing agility is just as critical for their survival!