“Definitely look at all the costs. Generally, headcount costs are one of the main costs. You have to make sure for the good of the business and for everyone in the business that you are still going to be cash-flow positive,” Seth Sokoloff, an independent “fractional CFO” with a background in private equity and corporate finance, recently told us.
More than 90% of survey respondents anticipate a recession within the next 12 months, and 40% believe the nation is already in one.More than one-third of employers said they plan to hire employees, while the percentage of companies hesitating to hire slightly declined — although there was also a slight uptick in the share of respondents who have an excess number of employees .
Financing hasn't ranked among the top 10 challenges for CFOs over the past year, but entered the mix this quarter as interest rates increased and lenders more closely scrutinize deals due to the slowing economy.