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Should You Cancel Your Company’s Subscription-Based Services? 4 Questions to Ask

August 7, 2020

Many races have begun since widespread shutdowns: The race to create a vaccinel; the race to flatten the curve of positive infection cases; and of primary importance to businesses, the race to reestablishing flailing revenue streams.

Most businesses realize that climbing out of the latest recession is not going to be simple or fast. As McKinsey & Company figures suggest, organizations within some industry sectors may not return to their late 2019 GNP contributions for five years, if they can hold out.

Of course, holding out is what scrappy, disruptive, entrepreneurially minded innovators tend to do best, particularly when it comes to unearthing creative ways to steward resources. Still, money and time remain precious commodities.

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