JOURNAL ARTICLE

Seasonal Businesses Can Stay Profitable in the Off-Season. Here's How.

  • Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Pitts, Christa 3 of 3

Abstract

This article discusses how seasonal businesses can stay profitable during the off-season. It highlights the challenges faced by seasonal businesses, such as managing cash flow, workforce planning, customer acquisition, and production forecasts. The author provides tips for overcoming these challenges, including building relationships with key stakeholders, offering impeccable customer service, finding off-season opportunities, and adopting a cash preservation mindset. The article emphasizes the importance of personal connections, customer loyalty, and creative thinking in maintaining profitability for seasonal businesses. [Extracted from the article]

Additional Information

  • Source:Harvard Business Review Digital Articles. 2024/06, p1
  • Document Type:Article
  • Subject Area:Earth and Atmospheric Sciences
  • Publication Date:2024
  • Accession Number:177766451
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