We may be paying 30 to 50 cents more per six pack and several microbrewers will not survive the year due to the recent shortage of hops. Bad weather and poor planning left growers short on supply ratcheting-up the price of the little flowers that make beer taste good. All this goes to show that even small business players need to be concerned about supply chain management. Are you in touch with your suppliers issues? What contingencies do you have in place to ensure that you have the raw materials you need to ensure your market success? If not, you better hop to it!
Federal Reserve chairman Ben Bernanke warned this week that the slump in the US housing market will prove to be a “significant drag” on economic growth. If that news isn’t bad enough for you he followed-up with his brilliant observation that that economic confidence is still fragile. Of course it is Ben and we’re all counting on YOU to give us some confidence. Cutting interest rates is a symptomatic cure. It’s hard enough for small business operators to succeed in a highly competitive arena. Confidence is our most valuable asset. Isn’t it about time that our economic leaders gave us some tools for growth rather than predictions of gloom and doom. Quit being such a DRAG Ben.
Mere virtual assistance is passé. Small business operators must commit to a future virtual workforce. Better get on-board now!
Why engage in a virtual workforce?
1. Avoid intrinsic employee costs such as workers comp, insurance and benefits.
2. Reduce compliance and entitlement issues
3. Eliminate time wasters associated with the traditional office social structure
4. Enjoy more freedom, independence and a “blended (work/personal) lifestyle”
SBA Network does over $1 million in sales with only ONE employee, NO office space and 6 virtual members.