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His plan suggests: 1) Whatever you do … don’t overtrade, 2) Keep investing in people, 3) Do not bank your customers – don’t let debtor days extend, 4) Do not rush to take on more people, 5) Get advice, it does wonders for your competitiveness.
APA members can read the full piece in the Members Area of the website.
I believe Digby has been one of the strongest and soundest voices for business for many years and his advice is, as always, relevant, logical and worthy of note. If I was to add one note of my own, I would temper the thought about not rushing out to staff up post-recession by staying - but don’t forget there will be some great people out there looking for jobs and if you don’t get them ... your competitors will.”
Gareth
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