Pros: great employees
Cons: no 401k contributions
Company is in a declining industry which the company needed to reorganize and develop a new strategic plan to return to profitability.
I presented to President that we needed to restructure company by right sizing company to the reduce revenue over the last several years. This required a 50 percent reduction in staffing that reduced $50,000 monthly losses to breakeven in six months. Implemented a strategic plan to add new product lines to grow revenue.