Dear business owners,
It is not unheard of that a manager resigned and the rest of the colleagues follow suit en masse
Whether they set up the same business to compete with you or join your competitors, the fact that it create a vacuum in your operation, may it be partially paralyze or totally crippled, that is not where you want to be.
It happens in all industries and you should not let it happen to your business.
Are you exposing yourself to such a business risk ? It could be no fault of yours that your staff resigned en masse, regardless, but your day to day business will be badly disrupted, and that all your projects will be at risk of not meeting the client’s service level.
How are you going to prevent this, or at the least, do you have a plan B in place before anything happened? For a start, let your team knows that you have plan B with you and will have no impact on your business even if they attempt to disrupt your business?
In my earlier blog, I had suggested that, you, as a business owner, can have a mix of internal and part out-source your accounting functions to us.
Depending on your business, if you can, shift your sales to online where customers can order direct and reduce your reliance of your salespersons.
Use third party resources so that you pay only what you need or use.
Advantage is, there is no additional cost to your Plan B to out-source.
Let our remote accountants be part of your plan B.