Consider These 10 Adjustments Before Making Payroll Cuts | Best Company
Consider These 10 Adjustments Before Making Payroll Cuts - Best Company
The economic impact of COVID-19 and related stay-at-home orders has reached nearly unbelievable proportions. As of April 10, 31 percent of Americans were furloughed or had lost their job because of virus-related events, according to a survey by Freedom Debt Relief.
But many businesses are hoping they can hang on to their employees until they can secure Paycheck Protection Program (PPP) funds to temporarily cover payroll costs or the economy reopens to begin the long process of recovery.
To business owners looking for every possible place to cut costs and preserve cash before initiating layoffs, there are several budget adjustments to consider.
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- See How IMS Works
- Save cash
- Shop with Trade
- Attract New Customers
- Sales and Marketing Team
- Increase Sales on Trade
- Everyday Selling Price
- What are Trade Dollars?
- Online IMS Account
- Join IMS Barter
- About IMS Barter
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More Information
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IMS in the News
- IMS Barter Million Dollar Club
- Increase Purchasing Power
- Expand Market Penetration
- Develop Distribution Channels
" “TechAnalysts was introduced to IMS Barter several years ago. It was probably one of the best business & marketing decisions we’ve made. IMS Barter has been an excellent source of referral business that we otherwise may not have had an opportunity to receive. During our slower times, we’ve been able to generate trade business instead of having our staff idle. Anytime we need to make a purchase, we check with our IMS trade broker to see if what we need is provided by an IMS member. We have also generated business from referrals given to us by happy IMS members to businesses who were not part of IMS – these referrals paid in cash and not trade. If you are a business of any kind, we would highly recommend learning about IMS to better understand how IMS and trade can become part of your business and marketing mix.”"