‘As a business owner, the worst thing you can do in a crisis is nothing.’
As small to midsize business owners, we don’t have the luxury to wait things out. Speaking for myself, I don’t have the corporate budget to keep a staff paid if we’re not busy. We bring in business, or we are out of business. It is not easy.
Inc. recently published a piece on exactly this challenge: Four Hard Decisions You Need to Make Sooner Rather Than Later, and they present four fundamental questions that every business needs to be able to answer:
- What is your worst-case scenario?
- How can you lower expenses to mitigate the impact to your top-line revenue?
- What KPIs can you change to make your business more profitable right now?
- What decisions have a timer on them, either immediate or long term?
When we review the key questions from INC., we quickly see that firm management doesn’t get to take a break during the pandemic. Tough decisions still need to be made – and if anything, we need to be even more prepared to open the hood and look at the mechanics of our business to make absolutely sure that everything is in top working order and that we have all the right parts in place for optimal efficiency.
Gosimer is a Health Information Services company that provides plaintiff injury, work comp, disability and medical malpractice attorneys with access to their clients’ electronic health records.
We can access the data that you require from the practitioner’s system of record and transfer it directly to you. We get your client records in a matter of hours/days – not weeks/months, and we do it for one flat rate per case, with significantly less effort on the part of your team.
