Small business managment Essay Example | Topics and Well Written Essays - 250 words

Small business managment - Essay ExampleThese problems are all caused by having unmotivated employees who will jump, at any chance, to leave the company. In addition, the major fact that supports this is the high employee turnover rate (Robertson 316).Solutions include the downsizing of staff to reduce company expenses, closing down irrelevant divisions that are non performing well, consolidating positions and restructuring the staff (Robertson 316).All the above stated solutions are all solutions that can save a company at the edge of closure, but the better(p) solution is that which includes increasing the motivation of the workers since they are the simple factors that can make or break a company. (Robertson 317)The C.E.O of Intermatic Inc. Miller proved beyond a conjectural doubt that a company may employ many tactics to save itself from failure, but the only best solution is to make the employees happy and prospering and that will lead to success, and profitability of the