Monday, September 14, 2009

Hiring a consultant during economic downturns is a smart business move

Savvy business owners know that if they are to survive our current economic crisis they must have a strategic advantage that puts them ahead of their competition.

Business owners can sometimes lose focus and even panic when they are faced with the possibility of having to lay off employees due to cash flow issues, while operational costs keep piling higher and higher. The decision to hire an outside consultant can often be a life saver for many companies. Outside consultants not only have the training and skills necessary to make suggestions that can have an instant positive impact, they also bring in a fresh set of eyes and ideas, which can ultimately be the strategic advantage that today’s businesses so desperately need.

It may seem illogical to hire someone who charges more per hour than a regular employee costs while your company deals with a difficult economy. But what if this person can make your operations more efficient, less costly, and save your company thousands of dollars each year?

This is the job of a consultant and there are many reasons to have a supply chain / logistics consultant take a look at your operations if there is money to save. And almost always there is! Even well organized companies miss great cost saving opportunities for many different reasons.

One advantage of having a highly experienced professional analyze your operations is that it provides you with fresh ideas. Improvements can often be accomplished by making small changes in the day to day operations. And a fresh approach is often needed to identify those potential savings.

Good advice from a professional is an investment and one that starts paying off immediately. In a downward economy it is important to cut costs wherever possible and that is exactly what a good consultant can do for your business.

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