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A rosy economic outlook for service companies
- Article from:
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Electrical Apparatus
- Article date:
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January 1, 1998
- Author:
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Copyright informationCopyright Barks Publications Jan 1998. Provided by ProQuest LLC. (Hide copyright information)
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A healthy economy bodes well for the electrical aftermarket
ECONOMIC CONDITIONS matter to electrical service companies. Such companies live or die by the pulse of industry. It affects decisions of whether to upgrade equipment, acquire other companies, or grow the business. Decisions require a look toward the future that allows you to start planning now. Without industry potential, it's time to go into a different line of business.
Being able to predict sales in the coming year is essential to avoid disaster. Imagine investing in a new facility with all new equipment. Within months, local industry, long suffering from a declining economy, begins to close its doors. The service company's ...
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