The experts are saying that recession is nearly over and the recovery is upon us. If this is true, do you have a strategy in place for how to navigate the new economic climate? Projects that were sidelined for the past year or two could come off the bench, and there might be more money to go around. Yet are you confident that you will be able to put the right people on these projects and make the right decisions about how to spend this money? Fortunately, there are three easy steps to make sure that you have both the knowledge and the resources to accomplish your most profitable projects.
Step 1: Discover Where You Are Profitable
The only way to ensure that you are not putting money into projects that will bring in a minimal ROI is to know without a doubt where your business is profitable and where it is not.