What do businesses do with their unwanted people?

just a drop?
(Photo credit: johnb/Derbys/UK.)

A lot of people say you should not buy newspapers, turn off your radio and not watch TV. I even know some small business owners who avoid the media altogether just so that they are not affected by all the negativity.

Who can blame them?

We don’t know when or if the down economic cycle is going to end but at the moment it seems as though we are in the perfect economic storm. Interest rates are rising, the currency has gone South, fuel and other energy costs have skyrocketed, consumer debt is at unimaginable heights and demand in certain sectors has shrunk. Continue reading “What do businesses do with their unwanted people?”

What do businesses do with their unwanted people?

rocky_DA lot of people say you should not buy newspapers, you should turn off your radio and not watch TV. I even know some small business owners who avoid the media altogether just so that they are not affected by all the negativity.

Who can blame them?

We don’t know when or if the down economic cycle is going to end but at the moment it seems as though we are in the perfect economic storm. Interest rates are rising, the currency has gone south, fuel and other energy costs have skyrocketed, consumer debt is at unimaginable heights and demand in certain sectors has shrivelled. If you look at the results coming out from the listed companies, you’ll notice how certain businesses are under huge strain, especially those in highly competitive markets such as banking and retail. Continue reading “What do businesses do with their unwanted people?”

Small businesses owners living close to the edge need to act fast

It’s just amazing how the cost of doing business has risen. Consider fuel costs – they have sky rocketed  Electricity prices have gone through the roof. Rentals, wages and business services are all shooting up. The inflation rate running around 5,8% lulls one into thinking that everything is not as bad as it seems. But costs of products and services that are essential for doing business are increasing at an alarming rate. Continue reading “Small businesses owners living close to the edge need to act fast”