Tuesday, February 8, 2011

Wages as a fixed expense

Since we don't layoff workers we consider labor as a fixed expense or as an expense that is regular part of our overhead.  We have very little turn-over and we feel this has helped us maintain quality.

We are very careful in the selection process.  Most employees come to us by referral and usually start out as temporary or in the case of exempt staff, contractors.   Try before you buy.

Thursday, March 4, 2010

Private-sector surveys point to jobs recovery.

Each morning I look for positive "job" news stories. For every 20 stories I find one positive story about saving jobs or job recovery. I choose to disregard stories about what the government is doing to "create" jobs, because historically it has been small business, not government, that creates jobs.


Here is a hopeful story. From Reuters

Wednesday, March 3, 2010

Suggestions for Saving Jobs

What can a business do to save jobs?  What can employees do to keep their jobs?   What is your advice or personal experience?  

Monday, February 15, 2010

Small Business Owners Taking a Chance Despite Economy

From the Metrowest Daily News, this is a story about enterprising Americans are starting businesses in lean times.  Think big, start small.  

Friday, February 12, 2010

How the Recession Made Us Stronger

A terrific story on how a manufacturing company came up with a strategy they refer to as the four Ps: people, positive cash flow, profits and positioning. Jack Stack, founder of and chief executive of SRC Holdings tells the story of how “open-book” management works in bad times. He asks the question: How did your company face the recession? Did it pull together? Or was it pulled apart? Read more from the New York Times “You’re the Boss,” the Art of Running a Small Business.