Pivoting Business for Tariffs
Tariffs and the threat of tariffs require some businesses to pivot. This includes US companies and those that sell to American consumers from abroad. In some cases, these companies may only need to shift existing products to new markets, but others need a substantial change to their business models. An outside perspective can help determine what makes sense.
Cayenne Consulting specializes in business model design, and has served thousands of companies from every industry around the world. It is working with corporations that are managing the risk, and helping identify the new opportunities.
Chief Executive magazine said that CEOs are “pausing discretionary spend to the extent possible, converting fixed cost into variable cost to the extent possible, mitigating any spend of capital until we know where this is going.”
The longer affected companies wait to change course, the tighter their resources will be to explore new opportunities. Having worked directly with the CEOs of thousands of companies around the world, Cayenne has unique visibility into its clients’ success with vertical and lateral moves. You may also need to consider pivoting your business for tariffs. Cayenne also sees what technologies companies are using to cut costs and maintain margins. Contact us today to prepare for the possibility of a new landscape ahead!