Sad but true: These days, many companies are cutting headcount, some of which may be your contacts at your customers’ or suppliers’.
Credit and Collections
Naturally you hate the thought of leaving any money on the table. But at times it’s smarter to write off a customer deduction.
Chances are, customers are taking longer to pay these days. No reason that should mess with your company’s cash flow.
After the hit on Wall Street, credit standards will be even tighter. Before putting the brakes on your future purchases or projects, consider these non-traditional funding options.
Technology’s supposed to make life easier, and automated expense-management does just that.
Recession fears lead mid-level employees to be more likely to press their luck with skimming a little off the top. Believe it or not, that may be good news.
Training’s important to build skills, improve retention and show your staffers you think they’re valuable. It also takes a big bite out of the budget.
Many customers are adopting a new motto these days: "What’s mine is mine; what’s yours is mine." Put a stop to that pronto.
The majority of your peers who outsource see the payoff they were after, but that’s not tough to do — they were setting the bar way too low.