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3 Smart Steps to Stay Profitable

Times are challenging, but it’s the steps you take today that may lead to improved profits tomorrow. Here are some actions you can take to help weather the storm.

  1. Monitor your cashflow. Don’t take on new expenses and cut back on non-essential items. Avoid purchases you can make later when conditions improve.
  2. Don’t cut back on marketing. Find economical ways to stay in front of customers, such as email or virtual events. Ask staff to call and check in with customers during downtime.
  3. Reevaluate your inventory. Eliminate SKU’s that don’t perform well. Instead, consider a full-line supplier that eliminates the need to carry the cost of extra inventory, or additional suppliers – and the paperwork that comes with them. 

Let Henry Company help you maintain your profitability.

Contact a sales rep to find out how the Fortifiber 1-2-3 Moisture Control System can help streamline your inventory