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In these tough economic months, your business needs to do more than just survive. Now is the time to lay the groundwork that will allow your business to thrive in the coming economic upturn. Here are three tips that will help you be prepared:
- Work smarter, not harder. Look for efficiencies available to you in your current systems, and look for possible efficiencies between systems. You may have to read some software documentation or speak with your software consultant, but chances are excellent that there are features in your software that you’re not currently taking advantage of that will make your life easier and your work more efficient.
- Make sure your employees are trained to do their jobs. Trained, informed employees are more efficient and make better day-to-day decisions. Unfortunately, we see one scenario time and again: employee turnover causes loss of knowledge. The replacement employee receives little or no training and has to learn as much as possible by trial and error. Remember, an employee can’t do their best work if they’re not adequately trained.
- Take a creative approach to solving business challenges. This is the time for you to think “out of the box,” to examine the procedures, processes, and systems you use every day. They may have worked for you in past years, but don’t assume that they are the best approach now. If your sales volume is slower now, make the time to review what’s working and what’s not. Think creatively about all the resources available to you, both internal and external, and use them wisely.
Employ these tips, and you will be prepared for the coming upturn.