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Issue Date: May 2009, Posted On: 6/1/2009


Proving Your Value
Save money and make money
By Mike McDaniel

Most of us have heard the saying, "When one door closes, another door opens." In this economic time, I believe the saying will change to, "When one door closes, the ones beside it have or will be doing the same soon." I don't want to be negative, but the fact is small businesses are closing down everywhere. The question then is: How do we keep our clubs from experiencing the same fate?

When it comes to keeping a business open during hard economic times, there are two things that can be done between the employees and employer: make more money and save more money. It sounds obvious and basic, but the rules are just that - obvious and basic. The staff cannot look at the owner and ask, "So, what are you going to do?" There has to be a team eff ort to make it through the hard times.

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Topic: Financial/Increasing Income

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