Remaining competitive and profitable by James Johnson, Millatec Pty Ltd
Now is the time as an owner of a small or medium enterprise to move back into the coalface and be involved in all facets of your business. As a business owner, no one spends less money, identifies opportunities to improve productivity more or reduces waste better than you.
In the current economic climate it seems especially pertinent to discuss tools that can help you remain competitive and achieve break-even or be profitable.
The four key areas are:
- Human resources