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Financial Management
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If you provide perks to your employees, be sure to communicate any changes before they are implemented. Most workers will understand, and many will be grateful to still be employed, even if the free snacks and ball games are cut out for a while. If you must cut staff, be as sensitive as possible. Don t make any promises about the future and be sure you comply with any clauses in your employment contracts and manuals.
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Planning
During slow periods, entrepreneurs also have some breathing room to plan for future growth. Consider any changes in your market or industry that are likely to occur during and after the downturn. Re evaluate your mid and long term plans to be sure they still make sense. Identify projects you and your staff can work on during the slow times to prepare the business for growth. For example, if you plan to expand to a second location or to increase staff Authentic Logan Couture Jersey , develop any missing or inaccurate standard operating procedures (SOPs), update the employee manual and training program, and work up the numbers on exactly the level of sales needed to make the growth possible.
Conclusion
An economic downturn can be a great opportunity for a motivated entrepreneur. Don t twiddle your thumbs waiting for sales to increase, but use the time to tighten the belt and prepare for future growth.
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7 Common Roofing Scams That You Need To Be Aware Of
by tyrone79mk · January 31 Kevin Labanc Jersey , 2019
Having your roof inspected and replaced is something that should be straightforward. Unfortunately, there are people out there that scam homeowners with the promise of roofing Campbell services. Make sure that you avoid the most common roofing scams by taking note of seven of them listed below.
1. They knocked on your door
More often than not, someone walking up to your door and offering to fix your
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