Thus, in line with the survey that involved 1,067 entrepreneurs, managers and employees with top positions in the economy, 3 out of 5 respondents (62%) have as their main objective for 2024 the restructuring and optimization of financial operations, with the main reasons quoted by them being primarily related to rising taxes (67%), falling sales (43%), the steepening financial crunch (41%) and mounting operating costs (38%).
Asked what the biggest challenge of 2024 will be, most respondents (71%) indicated inflation and its fallout.
“2024 is a challenging year. Beyond inflation, insolvencies, economic chain turmoil, 2024 can also be a year of opportunity for those who know how to brace for it,” says Ovidiu Neacsu, coordinating partner at Sierra Quadrant.
One of the key questions of the survey refers to the solutions managers have in view in a bid to optimize their economic activity in 2024.
Thus, capping non-essential expenses for the company’s core business is the focus of most investors (53%). Another move envisages the restructuring of the services/products portfolio, mentioned by 49% of respondents. The sale of non-core assets is mentioned by 31% of respondents. Limiting commercial credit (29%) and renouncing operational leasing lines (23%) is also among the measures mentioned by managers.
(English version by Catalina Apostoiu)