Okay, we have all seen the markets, heard the news and ducked for cover. Or not. The news is enough to make you ill, if you could even afford to be ill, what with medical costs and down time.
So everyone is uncertain, and each day is a new adventure. You don’t know whether to fire people, excuse me, lay them off, downsize, something polite, or hire people to explore new channels. Potential clients call you for goods and services but you don’t know if they are good for the bill for your goods and services. These kinds of things are normally know and dilemmas, or in a milder form, considerations. In this economic climate, these considerations are critical.
Let’s face it, if your clients don’t pay you, you don’t pay your vendors and employees, and the whole thing steamrolls into one ruined business. On the other hand, this lousy economy may well present opportunity. Niche markets and the last business standing. That kind of stuff.
While others tuck in, this may be the time to take a few chances, reach out, seek new channels. Hire the people who can expand your business in difficult times.
Whether you are hiring new employees or thinking about taking on new clients, you will want to run preemployment screening searches and corporate research. Corporate research may include individual assets reports, county criminal and county civil searches, and detailed business credit reports for companies in the United States and throughout the world.
These are tough times. Be bold. Be successful. That’s the spirit.
