Not being able to pay your staff their wages on payday can spell disaster for your business and your mental well being.
Have you pre-warned staff of this ?
It doesn’t mean they will be any less angry or upset by the news.
But it won’t come as a nasty shock to them on payday.
Don’t be surprised if you are met with a hostile response.
Exacerbated with rumours of lay offs and redundancies from their friends and family.
Your employees are likely to be much more concerned with their own financial situation.
They will be understandably worried about how they will be able to meet their own bills.
Can you put your finger on a few things that might help ?
Not too sure how to go about it?
Perhaps you have suffered unexpected expenditure that has hit your cash reserves?
Have clients failed to pay you on time and this in turn has had a knock-on effect on your cash flow?
Back to basics for a minute, are you a business or a charity ?
Have you let late payment slip as a priority ?
Have you adopted an ‘everybody in the same boat mentality’ ?
What are you going to do about it?
An option to get cash you are owed
Into the business quickly.
Tempted to invest into the internet as your salvation ?
Thinking of asking a local website builder to give you a quote ?
Maybe you have already done that and received a truly bewildering response in a quote that brings water to your eyes.
If you could use the internet to dramatically reduce your variable costs and operate much more efficiently, would that be a good place to start ?
Reducing costs is just as effective as growing your business.
Except reducing your variable costs is easier and cheaper to implement.
Can we suggest you look at the internet in a holistic way.
In a way that does not require capital outlay.
That runs off your wi fi connection through the cloud.
And reduces payroll simply by implementing it ?
Knowing where to start is always tough.
Maltix started with a CRM
A CRM is like a central control for a TAXI business or Emergency Services, hierarchical in nature that records every piece of outbound and inbound communication.
It will compartmentalise and tag or log every piece of information for future searches.
A CRM is completely malleable to your organisation, like a piece of clay !
Hugely drives down:
Paper wastage and time loss.
If you have got to start somewhere, start here today, sign up for free trial with free support.