Booming Economic times are great, but they never last forever.
In 2022 we have seen stocks plunge, and many tech companies announce layoffs or hiring freezes. While it hasn’t felt like the apocalypse, looking toward 2023, there’s a definite chill in the air.
Given the various abnormalities the macro economy is experiencing, it's difficult to predict the severity or duration of this recession. Many investors are using this knowledge to prudently urge their portfolio companies to prepare for the worst, bolster their cash balance, and extend their runway.
To help SaaS companies prosper in 2023, in the Element SaaS Finance Report – How to Plan & Prosper in 2023, we explore the potential scenarios SaaS companies could be faced with and provide recommendations on how businesses can stay relevant and have the best chance for success, even if dark economic clouds linger.
-Current snapshot on the state of finance
-Five potential scenarios on what 2023 could hold for SaaS companies
-Real-world recommendations and insights on strategy, funding, managing your cash runway, pricing models, mergers, acquisitions, and more