Picking winners in the current climate is more important, but harder than ever.
We’re in a post Covid world now, where the business landscape is dealing with challenges it hasn’t had to before. The traditional rule book and form guide has been thrown out the door. A business that once looked like a sound bet, now may not be such a sure thing.
– PBS had reported a $3 million + profit in FY 2021, and only a modest loss in FY 2022.
– PBS had been established for over 20 years and had turnover in excess of $90 million. For many they were considered a safe bet.
– The 2022 balance sheet suggested the business was sound, and would be able to survive the challenges that the current economic challenges would throw at it.
Times Are Changing
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