How to

May 27, 2022

How to prepare for a downturn

We sat down with an experienced CFO to figure out how to prepare your company for a prolonged market downturn.


Even with over 20 years of experience in finance, Catherine Birkett, chief financial officer of payments platform GoCardless, did not expect the change in the economy to be quite as dramatic as it is. Her experience through previous recessions — she started her career in the mid 90s, experienced the dot com bubble, and again the recession in 2007-2008 — puts her in the perfect position to help startups understand how to prepare for the economic downturn. Here are her top tips:

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Anisah Osman Britton

Anisah Osman Britton is coauthor of Startup Life , a weekly newsletter on what it takes to build a startup. Follow her on X and LinkedIn

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