How To Survive A Recession

Be fair, attentive, and customers
will return.

The first step to survive a
recession is attitude. The
thought of I will survive
should play-over in your
mind.

Write the words down on paper.
Place them on your night-stand,
computer, clock, and where you
can easily see the words. Look
at them when the recession
knocks on your business door.

Customers are the life-line of
your business. You'd like to
keep all of your customers,
but the survival of your business
stops you.

People who have problems paying,
let them go. They will sink you,
and your business. Don't let a
customer's over-do balance go
anywhere near thirty days. You
can't afford it if your business
is to survive the recession. It
is impossible to have customers
sixty, ninety, days due, and
survive. Your business will be
engulfed by the recession.

Pay attention to your costs. I'm
referring to every cent you are
spending on paper clips, for
example. Paper clips can be used
over and over. Don't throw them
away after one use. Look at the
amount of paper cups, paper
towels, used. Do you need to
buy paper cups? Cut back where
you can. You'll be amazed at how
cutting back adds up to big savings.

There is an aspect of your business
that shouldn't be cut during a
recession.

"You just said cut back." A few
reminded me.

Yes, I did. During a recession,
people buy. In order for them
to know about your product or
service, advertising is a must.
Keep your ad going. Only,
advertise where people are
seeing it.

"How do I know where people are
seeing my ad?"

Ask them.

If possible, advertise more.
Remember, customers are the life-
line of a business, recession or
not. The survival of your business
depends on people, customers.

Keep employees aware of your
business circumstances, their
jobs. They will appreciate it,
and work harder.

In closing, survive a recession
by keeping a positive attitude,
let problem customers go, be
mindful of costs, advertise, and
advise employees of the business
situation, their jobs.

Terminate An Employee

Be fair, attentive, and customers
will return.

It's not pleasant to terminate
an employee. Even though,
some employees are rude,
loud, and never follow the rules.
Still, the task of firing him/her
isn't the brighter note in a day.

I propose, if it has to be done,
it should flow as smooth as
possible.

Give an employee a chance
to improve poor performance,
or behavior not becoming.

Other members of the
organization will watch how
it's handled. No matter how
you deal with it, you're setting
the tone. Managers, in the work-
place, will adhere to your decision,
and take similar actions.

There should be guidelines,
in the organization's procedures,
on how to resolve problems. Still,
each occurrence is individual,
unique.

"Can you be more specific?"
You stared at the computer screen.

First, always, be civil. It doesn't
matter if the employee is vulgar.
He/she is on his/her way out of
the door. So, it doesn't matter
what the employee says. However,
if you return anger, it'll be noticed
and noted.

I know, it can be hard to not react,
or say what you really think. Matters
worsen if you, the manager, name
call.

Any, all, relevant documentation
should be in order. A letter
stating the reason(s) for
termination is included.

Schedule a meeting. The person
doing the firing, and two
witnesses should be the only
people in attendance.

State the reason he/she is being
terminated. Be brief. Collect
anything belonging to the
organization. This is the time for
the employee to say his/her last
words.

Some organizations have the
employee sign pertinent papers
before departing.

The employee, for the last time,
is walked out of the building.