[holykaw.alltop.com] 3 small companies taking on big challenges

This is a private email. Please do not forward.

--- Reply above this line to comment on this post ---

3 small companies taking on big challenges

Posted by  Lily Koi to Holy Kaw!

Media_httpdldropboxco_xechc

People love a David and Goliath stories; after all, it's part of the foundation of Western civilization. CNN Money gives you three examples of underdog stories of small businesses taking on huge challenges and winning. Here's just one:

The challenge: Temps are like soldiers of fortune. How do you get them to stay put and remain loyal?

What they did: The temporary-staffing industry has boomed in the recession. But many agencies spend a fortune because they continually have to recruit new temps -- their best workers leave once they find a place where they can make more money. Atrium's epiphany? Pay benefits. The New York firm has a 401(k) plan, for example, and there's a corporate-style medical plan for workers once they log 1,100 hours. Founder and CEO Rebecca Cenni, 42, says the company, which has seven other offices in cities like Boston and San Francisco, had revenue of $100 million last year, is profitable, and expects sales to jump at least 15% this year. One of her favorite sayings: "Turnover is like having a flat tire. It takes time to fix it."

Full story on CNN Money.

More tips and tricks for small businesses.

Photo credit: Fotolia

App On the go?
Download Posterous Spaces for your phone
Sent by Posterous. Unsubscribe from emails. Other questions? We'd love to help.