David Thornhill, Managing Director of Cash Simply is delighted to learn that the dark clouds of recession are starting to leak some sunshine. He said:-
“With the brilliant news today (26th January 2010) that Britain has at last exited the recession, growth in Temps will be the first thing that will happen so it’s time for a business review. However it is difficult to be sure what to expect.
Many pundits are predicting a double dip recession so having laid off staff and cut your fixed costs back to the bone, how do you take advantage of this upturn which might be short lived?
Well, probably the best way is to ensure that you do not lumber yourself with fixed costs again but outsource everything you can including finance, bad debt protection and back office.
Even if you don’t take on back office people and the extra office space needed for them and the extra workstations needed for them, you will still need to pay the minimum credit insurance costs and the minimum factoring charges based upon your predicted turnover, whether it materialises or not.
That’s where the beauty of Cash Simply comes in. You don’t have to worry about incurring those fixed costs but can grow your business as much as you want and the costs are completely variable and include the best management reporting in the industry, 24/7 accessible from anywhere in the world.
If the double dip doesn’t materialise you are laughing all the way to the bank. If it does, you won’t have had cash to find, extra space for back office staff to recruit then lay off and future commitments to pay for out of less revenue than expected. You simply reduce your business without cost consequences as all the costs will be variable”.
David’s message is:-
“Keep your costs variable, take advantage with minimum risk. You can learn a lot more about making fixed costs variable ones on www.cashsimply.com
Now really is the time”.
