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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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