In Business, Look At Every Challenge As An Opportunity

Are sunnier days ahead? 2003 economic predictions can be subjective, so wait-and-see seems to be as good a strategy as any.

The November election outcome, on the other hand, may have heightened business outlooks for many distributors. There’s a good chance that business-friendly tax, insurance and inside sales reforms will sail through Congress. (Find out what the election means for distributors in Newsworthy.)

While the economy (and policy) play a key role in business fortunes, in the end it comes down to who’s running the ship. In difficult times, as well as good ones, distributors should be working deliberately, every day, to improve their businesses.

In “Opportunity Knocking?” we look at seven predominant trends in the sanitary supply distribution industry and touch on the opportunities that they present.

For example, working relationships with suppliers could be better. Any improvements there could settle to the bottom line. Have you considered reassessing compensation plans since the economy headed south? A number of reasons suggest you should.

The article’s intent is to focus on the silver lining in spite of an otherwise dreary economic outlook. How you adapt your business is up to you.

I hope the insight helps you get your new year started off on the right foot.

Happy holidays!