Over the last 12 months, the economic downturn has hit companies hard, radically changing market structures. Now, Cat Lift Trucks has put its experience into a handy booklet to help hard-hit companies beat the recession.
The 16 page guide ’10 Recession Busting Tips’, available from Briggs Equipment, is a comprehensive booklet containing information on how to keep a business profitable so it can thrive out of the recession. By getting the basics right and focusing on more intangible issues such as people and service, businesses will see their productivity increase and future planning improved.
Sally Baker, marketing manager, said: "Briggs are working together in partnership with Cat Lift Trucks, drawing on our experience to offer advice and support to customers through these difficult times. The aim is for Briggs to help our customers survive the downturns and be better placed when the economy improves."
Controlling costs and retaining capital are issues critical to surviving tough times. By keeping on top of maintenance issues, future expenses can be minimised. Also, retaining capital for where it is needed the most will benefit the long term cash flow. The FlexiHire service at Briggs is one way companies can have greater flexibility and access to more working capital within their business.
Continued Baker: "Surviving is one thing but thriving out of the recession is a new challenge. This requires an ability to adapt to changed markets and increase productivity and flexibility".
Briggs Equipment has a philosophy of developing strong customer relationships to get to the heart of what makes the business tick. Working with its customers and supply chains, it helps businesses think innovatively about building sustainable growth.