Downsize, Reinvent or Shut it Down
Downsize, Reinvent or Shut it Down Downsize, reinvent or shut it down? These are very difficult but very real propositions for many small business owners and managers throughout the country right now. None of these propositions is comfortable. Make the revenue cover overhead expenses and payroll. Not easy, especially when revenue is shrinking and forecasting your shrinking revenue is difficult at best. Then what's this talk of a double dip recession? What is a double dip recession anyway? That's all we need is more bad news. Then ......the waiting to get paid........the waiting to get paid is the worst. Your employees, for some reason, don't like to wait to get paid. For most companies these days, "forcing" profitability requires downsizing and reinventing your business. I use the term "forcing" because that's what describes what has to happen. Forcing it. It's making it happen regardless of the pressure against it. You nee...