An important lesson I had to learn early on in my entrepreneurial journey is that, in the face of a crisis, you must leverage whatever assets you have to secure a solid foundation for your business. Lean on your skill sets, tools, space, and perhaps your greatest resource: your people.
When it’s time to get lean, encouraging and training the people on your team to develop skills in more than one area of the business is often a smart move. It’s called cross-training, and it could be the strategy that helps your business survive the toughest times.
Save money on headcount
The primary reason you hire an employee is because they can do their job well, which of course is of the utmost importance. But it’s also worth evaluating how diversifying an employee’s expertise to include multiple areas of the business can help improve your bottom line.
As a result