As Seen in Multi-Unit Franchisee Report – Low Unemployment Rates Can Spell Trouble For Franchisees
Retaining key employees is a challenging endeavor. When unemployment rates are low, it can be even more challenging.
If you do not have a culture that attracts people to stay, or the understanding of what motivates them, you could be at risk of loss. Low unemployment rates and increased competition means your key employees have the “pick of the litter” in terms of the jobs they may want. Kendall Rawls explores the importance of having an expressed culture in your organization in this article, with three simple reasons.
Read the article and then contact us to get some insights on your own scenario. Even if you don’t become a client, a few minutes with us may help you save years of headaches. Contact Us
Business value is tied to performance. Top talent, strategic vendors, and creditors will be influenced by the organization’s competitive advantage in the marketplace. Traditionally, transitions generally bring with it a drop in profits. It is crucial that your business is operating at peak performance in order to fulfill cash flow needs and expectations during times of transition.