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Four days off office and everything is in slow motion. It is a big question; Dani, what are your comments on this?. I will need to be straightforward, a lot needs to be done concerning this brand, the four days has shown how waterlogged we are currently. How can I be off office for four days and money isn't coming in? I mean, what proof do I have as an entrepreneur?.
Ok, the main idea here is not to batter myself, but to look business from the right lenses. There are so many things to consider anyway. My first focus was how to wipe off pending debts then turn my focus to investing in marketing and advertising. Not a bad idea but it comes with something to also consider; where is the ready-made working force?
These two things keep toggling; with work coming in at a slow pace, it means I will have to look at controlling a small work force to pull out deals. How about when it is the reverse? Workload pending comes at a cost? customer dissatisfaction and delayed transactions. It has been the fate I have had to go through when we got disappointed by our contract worker.
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Business has to grow big but being big means hitting the minimum revenue threshold. There is a target I am looking at as minimum weekly and monthly Net income to scale business. Are we there? It keeps fluctuating because of an imbalance in advert, workforce and also workload.
Sometimes you can crack your brain to a point you sleep off. Staffing puts us in a place of constant monthly pay. It has the advantage of keeping the office active. Another thing to consider is how it can relate because we are actually operating from a warehouse which is not self advertising. It means advert relies solely on other means.
What happens when workflow is slow and we have staffs waiting on our list to be cleared at the end of the month? This was why I decided to work with professional contract workers. Here is pay as you work. sounds good right? But the disadvantage is that we get a lot of work delays; contract workers are external (independent) workers. Expect disappointment and procrastinations. I have faced it as a manager.
To conclude, let me add, this is where it turns to us growing big in standard and well, this is us planning to put in huge capital to bring in machinery and systems that can promote steady energy. Is this capital readily available? That's the setback at this end too. Maybe I should also hear from you. What do you suggest is the best step pushing business forward from here. Your contributions will be well cherished.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.