When experiencing a business slowdown, many small business owners are left scratching their heads without an idea of what or how to take advantage of the situation. Whether it’s from an economic recession or downturn in a marketplace, the impact on a business can be difficult to handle.
The Strategic Business Blog
A couple common questions we hear from court reporting firm owners are:
It’s very typical that small business owners are sometimes reluctant to communicate with their employees & staff when they don’t have good news or they don’t know exactly what to say. It could be related to any number of issues they are dealing with at the time:
The transition from a court reporter to a firm owner is more difficult than it may appear at first. The majority of court reporting firms are owned by former court reporters that had an opportunity to purchase the company from the other owner at some point previously or those who decided to start their own firm. It shouldn’t be that difficult, should it?
Many times, small business owners develop attitudes over a long period of time that hurt them and their underlying businesses and they don’t ever realize it until it’s too late.