Coping with the peaks and troughs of seasonal business
A good article in The Independent yesterday...
"If your business cycle is determined by seasonal fluctuation, adopting flexible planning can provide the solution to see you through the lean periods
Most businesses experience some degree of seasonal fluctuation. For some, it might be a gentle rise and fall in sales according to the time of year. But for others, a change in the calendar can see booming sales one week fall to zero the next.
Think of Christmas trees, fireworks, ice cream, ski-wear retailers or much of the tourism sector. If your business cycle is dictated by the calendar, how you cope with the challenges of seasonality isn't just a matter of business efficiency, it is about business survival."
Read this article in The Independent.
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