The Perfect WA Storm - DON’T GET CAUGHT!
The Premier of WA said we have been hit by the Perfect Storm
1) Iron Ord prices have fallen
2) Drop in GST Revenue
There is an upside and a downside being a Mining Camp
“when it’s UP its up, when it’s not it’s NOT.
What we are seeing is an Increase in Insolvencies and more National
companies going into centralisation mode and WA is usually the first to go!
Are we becoming complacent being that we have been on a good run over
the last several years’ and we are thinking it will just bounce back Presto Magic?
I don’t Think So – we are IN tough times and need to get on the tread mill,
put the back pack on and RUN then RUN some more
Your Life Saving Jacket to weather a storm in business are three fold:
1) Put resources and training into your Business Development Managers
2) Engage a Professional Credit Controller to guard the debtor’s ledger
3) Take out Trade Credit Insurance to protect your cash flow
WHY you say:
A) BDM’s need to get out there are develop new markets and work closer with
existing clients for great service and help them grow with your product or service
B) Credit Controllers will maintain cash flow and manage the accounts receivables
to encourage clients to pay sooner than later with good customer service skills
C) TCI will be the safety net to pay out on any bad debt and give you the
confidence to go into new markets and manage/increase your current client’s orders
Have a Great Day – make WA a Great State!
Warren Myers
Recruitment and Credit Services
[email protected]
Direct on 0408 911162
The Premier of WA said we have been hit by the Perfect Storm
1) Iron Ord prices have fallen
2) Drop in GST Revenue
There is an upside and a downside being a Mining Camp
“when it’s UP its up, when it’s not it’s NOT.
What we are seeing is an Increase in Insolvencies and more National
companies going into centralisation mode and WA is usually the first to go!
Are we becoming complacent being that we have been on a good run over
the last several years’ and we are thinking it will just bounce back Presto Magic?
I don’t Think So – we are IN tough times and need to get on the tread mill,
put the back pack on and RUN then RUN some more
Your Life Saving Jacket to weather a storm in business are three fold:
1) Put resources and training into your Business Development Managers
2) Engage a Professional Credit Controller to guard the debtor’s ledger
3) Take out Trade Credit Insurance to protect your cash flow
WHY you say:
A) BDM’s need to get out there are develop new markets and work closer with
existing clients for great service and help them grow with your product or service
B) Credit Controllers will maintain cash flow and manage the accounts receivables
to encourage clients to pay sooner than later with good customer service skills
C) TCI will be the safety net to pay out on any bad debt and give you the
confidence to go into new markets and manage/increase your current client’s orders
Have a Great Day – make WA a Great State!
Warren Myers
Recruitment and Credit Services
[email protected]
Direct on 0408 911162