How does your business handle busy and slow times of the year?
by
Dustin Lloyd
Monday, February 20, 2023 12:11:56 PM
How does your business handle busy and slow times?
In my industry, we experience seasonal fluctuations that create challenges during both the busy and slow times. During slow times, one of the biggest issues is having enough funds to cover expenses and payroll for our staff. On the other hand, the busy times bring their own set of difficulties. To mitigate the slow times, I try to take on extra jobs and save the money for those periods. However, the added stress of handling extra work during busy times can become overwhelming. As a result, we have shifted our focus to the lower profit wholesale market instead of the more profitable retail market, which has helped us to become less seasonal but also makes it harder to acquire new customers while growing our business.
If you have any tips or tricks to help ease the stress during busy and slow times or strategies for gaining wholesale business, please share in the comments.
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