When running a small business you are faced with new challenges every day, but the biggest challenge you’re facing now may be the state of the economy. During economic downturns, there are often external factors beyond your control that can impact your bottom line. That’s why it’s critical to optimize what you can control: the [...]
Imagine standing at the end of a runway and watching airplanes take off. Envision a pilot out for a weekend flight cruising over your head in a single engine propeller-driven aircraft. The pilot flies low over your head as the plane climbs slowly to control airspeed for a weekend “neighborhood” cruise. Then a Cessna Citation [...]
1) Don’t run your business out of the checkbook Particularly in an economic downturn where as was discussed above – cash might seem adequate for a season as the firm’s slow down in sales liquidates receivables and inventory that will not be replaced in the short term. Get your business model restructured to the new [...]
During this recession period companies survive by tightening their belts and thrive by employing creative ways to improve business performance. Enterprise software plays a critical role in improving business performance by solving problems and accelerating innovation. However, the way companies procure IT solutions or for that matter the way software vendors sell software has not [...]
