Thanks Dave Czarnecki and Czarstar Security for hosting our Roundtable Tuesday. The discussion of ‘How to Increase Profits” was a great topic for everyone involved. The few key notes that stuck with us:
- Look at subcontracting/temp hires. An expandable and contractable work force is key during times of uptick so it’s easier to manage when things are not as busy.
- Get tough on payment terms so you’re not floating receivables.
- Have a good grasp of your costs – know what makes you money and focus on growth of that. Scale down if it doesn’t make sense.
Keep building relationships