4. Make sure your assets are assets

In our experience, a dollar spent making your business more efficient not only makes you more competitive today, it helps you ride out the challenging times.

Consider:

1. Keeping your income-producing assets up to date - helping reduce your operating costs, increasing productivity and creating capacity
   .
2. Adequately covering yourself against the loss of your essential operating assets including premises; inventory; vehicles and equipment
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3. Funding the next phase of your business growth by tapping into sectors where demand is still strong, i.e. resources, healthcare and other niche areas with high consumer demand

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Download 7 principles factsheet (PDF, 275KB)