7 ways to recession-proof your nonessential business - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Business Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.

, we decided to focus on ensuring the quality of our service and on customer retention. We understood that if we can provide great quality during these difficult times, it will be strongly valued, and word-of-mouth recommendations would be more impactful. We also decided to use the time to conduct major R&D efforts to enable readiness for scale.

"The travel industry was hit first and worst, and likely will recover last," said Chaikel Kaufman, the founding partner at Chaikel Travel.that addresses the hardships he faced as the pandemic and recession began to unfold, Kaufman stated the difficulty he faced while handling furloughs, which he still carried out in an ethical manner with individual phone calls.

As time went on and it became clear that the after-effects of the pandemic was going to last longer than expected, Kaufman reluctantly had to take the next step, but made sure to still do so in an ethical manner. "I made the very difficult decision of who was still needed for us to operate in a limited capacity… and spent two days researching the proper way to let an employee know they were being laid off, and made the calls.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Entrepreneur nice

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

7 different ways to support female small businesses owners during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hermoney More good news please(((
Source: BusinessInsider - 🏆 729. / 51 Read more »

Best Hilton Honors credit cards in 2020 - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Walmart's advertising business is rattling agencies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Madison Avenue crazy leftist social engineering sux. Go Walmart..
Source: BusinessInsider - 🏆 729. / 51 Read more »

Insider poll: How social media usage is linked to the 2020 election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sounds like an age gap, I don’t know anyone that uses Facebook to share things other than older family members. Tik tok is a younger thing no? When things made more sense and minds were still underanged, tech news used to focus on GE, IBM, Siemens, Bosch, Toyota, and the likes. Now it's the age of tik tok.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Insider poll: Biden voters are more anxious about the economy than Trump voters - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Because Trump voters include corruption as part of the economy, e.g., Republicans running huge new deficits to give people a tax cut that future generations will have to pay back. That’s because trump voters are either too poor to care or too rich to care lol PTSD from 2016
Source: BusinessInsider - 🏆 729. / 51 Read more »