Monday, July 13, 2009

Small business recession survival tricks

So far, the recession reached a pretty high level all over therefore some survival tips for small firms are welcome. A few main problems that maintain the recession are related to the lack of confidence in the partnership, blockage of funds transfer, etc. To found a business at this moment is quite difficult because it is not devoid of risky factors, therefore good care must be taken at the starting point, practically should be taken into account some fundamental factors like choosing the right niche, making a suitable and efficient plan, organizing things, and monitoring the ongoing operations. When having already a large budget business it is obvious that the marketing and management departments are well implemented and developed, but if conducting a smaller affair there might show up troubles in its management. The order fulfillment is a very sensitive process which takes time and supposes a strong connection between the supplier and customer, the most desirable thing being the fastest delivery of the ordered products.
Usually the shipments can be done by using directly one of the most reliable worldwide spread services like DHL, TNT but there is also another easy alternative: employing a fulfillment partner acting like a third party which offer support services and helps running the business by charging convenient costs. One main recession survival tip is to compete on quality and service. It is good to know that the profit and the value of a business are dictated by some important characteristics like accuracy, quality and fastness and the 3rd party advisors take care entirely of the product fulfillment from depositing goods, completing orders, real time tracking of packages and shipping the products from one point to another. During recession the unemployment raises, more and more people will start their own business and the competition is fiercer such that being less experienced or a beginner in the business field represents the most recommended case to request the help for support services.
Another tip to better overcome any recession is to maximize the productivity in order to sell more to customers but higher product sale rate leads to an overwhelming time consuming job, therefore the fulfillment corporations are ideal associates in helping achieve the complete chain of activities from orders processing to products delivery. To keep in mind that is better to use less expensive advisers eventually using free services available. Some other brief recession related tips: identify the competitors, cut prices (not always), try to reinvest, have a good financial check.

1 comments:

Nicu B. July 13, 2009 at 7:48 AM  

vreau si eu o idee de "nișă" pentru o afacere ca celelalte sfaturi de stimulare a consumului au cam picat la noi -cu ce sa cumperi daca nu sunt bani

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