How do you manage seasonal gaps in project flow?

A company experiences seasonal gaps in project flow. This makes it difficult to project both cash flow and staffing needs into the future. In addition, monthly cash flow tends to be uneven. What can they do to improve control of internal and external resources in this environment? How do you manage seasonal gaps in project flow?

Try to write the company’s contracts to push revenue to early stages of a project, so that there is more cash cushion to help ride out short cash periods.

Look for options to change the business model to increase financial flexibility. Look for ways to allocate less expensive resources or virtual resources with a lower cost to lower margin projects.

Adjust staff assignments to maximize payoff, as well as staff retention options. Look for project work opportunities.

Analyze and evaluate the ability to switch personnel between paying projects and internal development projects.

?May your business prosper. More detail on this topic at https://ceo2ceos.com/2024/01/how-do-you-manage-seasonal-gaps-in-project-flow-five-options