As the current global economic crisis persists, many employers are forced to consider a realignment of their organization in order to meet their business objectives. Reducing employment costs, from changing the terms of employment, to downsizing the workforce, are often difficult prospects, and are accompanied by numerous legal issues that employers must be aware of.
Changing [...]
‘Expert Advice’
Workforce restructuring during economic crisis – what employers should know
by Andrew Tremayne - Tuesday, June 30th, 2009
Understand and control your cash flow, don’t let it control you
by David Logan - Sunday, June 28th, 2009The issue
Business people know that their business cannot effectively operate without proper cash flow. The issue is to gain an understanding of the details of your businesses cash flow needs, anticipate problems and have solutions. In general if your cash flow has deteriorated and the bank is calling you to repay a demand loan or [...]
Where will you take your business in the next 18 months?
by Terry Ledden - Sunday, June 28th, 2009Despite the current economic conditions, opportunities are plentiful for those who are willing to invest the energy to uncover them. Demonstrating the traits of good leadership is crucial, but first, here are specific areas on which to focus when developing your strategy for growing your business.
Your business
You need to be very focused on your target [...]
Recession busting sales practices shouldn’t wait for a recession
by Terry Ledden - Sunday, June 28th, 2009Successful organizations that regularly surpass their competition are those which continuously invest in achieving maximum performance from their sales team regardless of the prevailing market conditions.
Too often when times are good and new business is relatively easy to find, business owners and managers slip their grip on the reins. Less effort is expended on keeping [...]
Media coverage can dramatically boost business
by Leah Geller - Sunday, June 28th, 2009Media coverage can dramatically boost the volume of business coming in the door, but obtaining it requires some basic research, hard work and, perhaps most importantly, realistic expectations.
By media coverage, I am referring to the stories that are produced by a journalist. This is different from advertising, which must be paid for. To a reader, [...]
Going back to basics without going out of business
by John Haralovich - Sunday, June 28th, 2009Times are tough. Sales are lagging, your accounts receivable are being used as a credit line by some customers and creditors are knocking on the door. Money is tight. Perhaps too tight. If this status quo persists, are your creditors going to take action? Is a bankruptcy filing far off?
A company that has slipped into [...]
Reaching new buyers through effective Internet Marketing
by Chris Biber - Sunday, June 28th, 2009Whether you’re a startup with limited resources, or a long-established company with a proven track record, online marketing has fast become a compelling part of your marketing toolbox. It offers unique opportunities to conduct market research, to engage with your target audience and to generate leads.
The 4 Bees
Four interdependent steps are required to make this [...]
How onboarding issues are costing you turnover
by Pauline Fleming - Sunday, June 28th, 2009Employee retention. It’s one of the most important issues a business owner or corporate manager must wrestle with, especially in challenging times.
If done well, employees will feel valued. When they feel valued, they will run through the metaphoric brick wall for you in order to achieve your vital objectives.
However, if there isn’t a healthy focus [...]
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