The procedures and processes in your business must be efficient, and you should have methods of operation which take into consideration risk management. When you are designing these processes safety is something which may not necessarily be a major consideration for you, but it definitely should be. There are all sorts of OSHA standards, and I don’t recommend that you break any – however, sometimes OSHA standards in certain circumstances can create unsafe situations.
The reality is that you need to keep your business model and processes within the boundaries of OSHA law to prevent lawsuits, and regulatory fines. Nevertheless, let me explain to you one case study and example, something in my own company prior to retirement which always bothered me. We used pressure washers and steam cleaners to clean fleets of vehicles under contract. Read the rest of this entry »
We are facing one of the worst global economic meltdowns. Everyone is scrambling for safe shelter for his money. The first reaction of the corporate to the economic recession is normally cost cutting across the board.
Enterprise Resource Planning(ERP) is a supportive package for the business and is still considered by many companies as a necessary evil rather than an investment. So, if the business is down, the need for the ERP seems to be down and the first reaction is to have a sharp cut on ERP expenses.
But, is the cost cutting, the only strategy for minimizing the impact of global recession, at a time when the corporate have already started considering ERP as a good investment and a booster for business growth?
Global economy has its own cycle. After each boom, it also goes through recession and after each recession it has to come back to the boom period. Read the rest of this entry »
If you own and operate a retail business then you must regard yourself and your staff as a target. This is particularly the case if the business is open late at night and there is a high volume of cash transactions. This risk increases significantly if you sell high value jewelry, alcohol or tobacco, operate in high crime areas or have a small number of staff on duty at any one time.
Thankfully armed robbery is not an everyday occurrence but is is on the increase. As recession bites people are getting more desperate and can see no other option but theft. These type of criminals are classified as amateur but it does not make them any less dangerous. In fact the opposite is the case. Because they are nervous and in most cases full of alcohol or drugs they tend to be unpredictable, which is not a good thing. Read the rest of this entry »