How can small businesses thrive during a pre-recession wave? "The best way to recession-proof your business is to hire a business genie", says Schimeon Frederick, president of My Business Genie based in Nevada. A virtual work partner fully focused on your business needs.
The US government recently passed the economic stimulus plan designed to keep the US economy from descending into a recession. Many questions remain for small business owners, as well as, what will this package do for my business? How will it keep me afloat?
According to the Small Business Report produced by Market Watch, a February 25, 2008 article entitled, Stimulating Effect, Maybe, Maybe Not, written by Andrea Coombes; "Almost 60% of those surveyed said the stimulus package will not have a significant affect on their business.” Most small business owners expect things to get worse before they get better -- and doubt the new economic stimulus package, will do much for their bottom line. This same feeling is echoed by small business owners located throughout the country.
Two suggestions to stimulate income and fight this swarming recession are
- Utilize Internet-based technology
- Outsource responsibilities to a can-do everything Business Genie
Business Genies are independent workers providing long-term, collaborative, professional business services for clients. Genies use the most advanced means of communication, and the newest and most efficient and time saving office products and work delivery, regardless of geographic boundaries. The problem of not finding enough hours in the day are eliminated because Genies work 24 hours a day, 7 days per week in any situation.
Business Genies are contracted as an independent contractor delegated to a specific business. As a result, the client is not charged for downtime, breaks, lunch, leaving the office when emergencies occur, etc.
The list of benefits associated with hiring a business genie is extensive. For example:
- Elimination of costs related to providing employee benefits and paying taxes, purchasing furniture and equipment, and training opportunities
- Gaining additional time to focus on income-generating activities instead of time consuming administration worries and other duties
- Paying only for time on tasks and compensation is based solely on the contractual relationship
- Time to concentrate on responsibilities that fuel their passion
- Development of a partnering relationship with an innovative team that will provide fresh insight into projects; an extra pair of hands or an expert in a designated field
It's clear that small business owners can combat a recession and experience significant savings of both in time and money by hiring a business genie. To business owners who are hesitant in hiring a Genie because of cost or location, look at the cost savings of an independent contractor versus full, part-time or temporary staff. Business owners will find cost effective savings in all areas and immediately reap the rewards.
