MarkJJEvans provides thought leadership and business guidance through hands on consulting and executive project support, complemented by articles available for clients, prospective clients and professional contacts.

 

A recent article pertinent to the turbulent economy and practical advices thereon is available from Mark by contacting him. Summarised below are his tips included in that analysis.Also at the foot of this section reference to other documentation of a similar nature. He provides his own practical experience combined with papers and commentary issued in the business and financial press.

 

Call Mark on 07711 367576 or email him on markjjevans@hotmail.com  if you want to discuss the implication of this advice for your business.

 

' When the chips are down- some tips to help counter the current economic downturn '

 

1. Act, confront the truth and don't wait and constantly defer difficult decisions.

2. Stay alert;don't assume you can just trade out of problems-work out solutions and options to problems so you can discuss remedial actions with creditors and banks- in this climate amazing deals can be done.

3. Cash is king;businesses fail without it so treat it as the most important tool in your business.

4. Don't hold old stock,it ties up cash;discount it out and turn over to new and relevant stock that customers want today-but don't discount prices unnecessarily.

5. Be open with your trusted advisors and treat them as a partner so you can get the best of other people's experience and contacts;listen to ideas no matter how odd at first sight as they can produce unexpected leads and upside when least anticipated.

6. Keep calm and maintain at all times values of respect, truth, and embrace the involvement of key colleagues and stakeholders in customers, suppliers and funders.

 

Other recent papers available,provided or reviewed by MarkJJEvans include:

 

- Getting Business Planning Right- What to do and not do

- Entreprise Risk Management reviews by IBM

- Business Risk and protective strategies for Retail

- Leveraging and leading your most critical resource-People