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What should bearing companies do during the epidemic?

Date:2020-03-29 16:40 Popularity:
Just after Trump's trade war, the sudden epidemic casts a shadow over the economy, digging holes, accumulating grain, and famine, allowing enterprises to survive and become entrepreneurs' biggest responsibility and responsibility for the country.
 
  1. Guaranteed cash flow
1. All costs can be rolled over for all rolls. For example, property costs can be combined with other companies in the park to require the park to waive rent for several months, or postpone the rent until next year or in the form of installment payments. The boss behind the park is the bank, and the boss of the bank is the country.
For example, the cost of capital, talk to the bank. National interest rate cuts are expected to come out soon.
 
2. Compress all unnecessary overhead. Forcing companies to reduce expenditures, the boss must rush to the front line of costs and quickly plug the loopholes of capital and cost loss. Reduce unnecessary expenditures and reduce cost and quality costs. Improve the efficiency of the use of funds. Cut off organizations that do not generate performance, cut off employees that do not create value, and cut down on operations that consume cash flow to ensure that the company makes money in the current period.
3. If you can get a low-interest loan, try to get it to ensure that the funding chain is not broken. Prepare for the worst, such as mental preparations to fully resume production and sales in May or June.
  1.  focus on the main business without cross-border
In the uncertain economic downturn, you can only focus on the main industry you are good at, because you know where your industry is difficult? Where is the pit? Where might it die? Unless your industry and business are already in danger of life and death, then only strong men will break their wrists; transition to a new industry is accompanied by dangers and opportunities. You are a newcomer and a new company in a cross-border new industry. , Easily become a victim of cross-border.
 
 
  1. stable open source, clever marketing, and selecting high-quality customers
 
Do not blindly open source, do not blindly open new markets, and open up new markets before spending money. After the epidemic, it is necessary to study changes in the country and industry, changes in customers, and cleverly promote new marketing models. Focus on advantageous markets, lead differentiated competition, maintain high-quality customers, and resolutely give up low-quality and high-risk customers. To ensure that every business can be paid back, cash flow is king!
 
Move to the Internet if you can move to the Internet
The current trend is that more and more people are online, and more and more are doing business online. In the past, most bosses did n’t understand computers or rarely surfed the Internet. Now they are moving more and more online.
Online business activities can reach more potential partners and can cross physical boundaries. In the future, the online business density will be far more than you can achieve in a certain offline area.
 
  1. we must cooperate, choose ecology, find the right people, and hold together.
The development from a platform-based enterprise to an ecological one is the general trend, and it is difficult for enterprises to go it alone. Cooperation is a new choice under the new model, and cooperation must choose a good industrial ecology. Find the right position, and at the same time find the right people, like-minded owners, to achieve strong union, complementary advantages, and win-win development.

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Shandong Schoefr Transmission Machinery Co., Ltd
Address:Jinan City, Shandong Province
TEL:+86-13791000903
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