Changing technology makes a big difference
December 17th, 2018
This client has a business which had been trading for 8 years. Although, like most sectors their trading was cyclical, the lows were getting lower and they were lasting longer. I carried out a review of the business. The owner identified that the technology being used was going to become redundant in less than 10 years. He smiled and said, “I’m in a dying industry, that’s the problem!”. Having identified the reason for the steady decline, we set about developing a strategy to refocus the business and take existing customers on a journey of technological change.
Please contact me if you would like a reference from this business owner about the work I have done with them. PeterSearle@businessdoctors.co.uk