So if you're looking for inspiration on how to be productive when business drops off in the summer, check out Young Entrepreneurs Council's round up of 12 founders» responses to the question, «What odd jobs and tasks do you work on for
your business during a slow season to keep busy and prepare for a busy time ahead?»
Not exact matches
To carry the
business through
slower periods (the shoulder
season) and complete lulls (the off -
season), considersocking away cash reserves
during the busy months.
If you're
business is busy
during the summer months, the flexibility of a
business line of credit can also help you take advantage of opportunities to fuel growth
during the busy months that could continue to generate revenue
during a
slower season.
That being said, seasonal
businesses that meet the criteria and maintain enough cash flow to make the regular periodic payments
during the
slow season, can successfully use the flexibility of a line of credit to prepare, or ramp up, for an upcoming busy
season or take advantage of other profit - generating opportunities.
It's not uncommon to think about the extra things you can do
during the
slow times to keep a seasonal
business profitable all year, but these five suggestions might help you maximize your busiest
seasons to distribute profits throughout the year and profitably manage your
business» finances.
During the
slow season, I have absolutely no or very little jobs and I catch up on development of the
business.