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Make
sure you know where the fixed assets are and how well are they functioning.
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Be
aware of the duration when some equipment was not in working order and the
reasons thereof. This information must be available in an updated CD in
the documentation centre of every unit, department and branch of the organization.
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If
any asset is idle, sell it off, auction it out or donate it to an undisputed
agency working for a social cause or simply dispose it off in an environmentally
acceptable way.
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When
you purchase a machine, ensure that you are not paying for some of the functions
that you will never use. However, make sure that you are paying less because you are
opting for fewer functions, not poor quality.
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Ask
how you can use your time, money and other resources to get new customers
and increase the bulk of each order the established customers are booking
with you.
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Keep
detailed information about the interests, skills, knowledge (papers or books
written by them) and capabilities of all the employees so that you don't
spend on training that could be arranged more effectively in-house.
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