You’ve probably heard the old saying, time is money. Certainly, business owners strive to use their time wisely and productively, serving clients, developing their teams, and adding to the bottom line. Any unplanned downtime can disrupt this rhythm of productivity, potentially setting off a chain of undesired impacts.
For example, unplanned downtime may result in:
Damage to your company’s reputation, as customers and clients may prove unforgiving if your business cannot meet their needs promptly and satisfactorily.
Lost revenue, as the customers you’re unable to serve take their business to one of your competitors.
Employee turnover, as your team members become antsy, bored or
