Is a recession about to bite you on the bum?

Posted by Jayne Smith on June 26, 2008 · Go on - leave a comment below
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There is some debate amongst our local business community that a recession is actually looming ahead of us. Some say that we’re being far too negative and only those who are playing at the top of their game will win the plenty of business that’s out there. Others are more conservative and some have already confirmed that the recession really started in September 2007 and that their predictions are coming true.

Are you worried about the recession that’s looming and costs spiralling out of control? Have you given any thought to how you can keep control of rising costs and possible reduction in income? It’s a sad thing to say, but salary costs are one of the first items to consider cutting and when redundancies are ahead that’s not good for anybody’s business. How can your business survive without its people?

Planning to outsource can give more cost savings than perhaps originally considered. Here’s what can be saved if the typing work of just one secretary was outsourced. You fill in the blanks.