December 2023 • Florida Pool Prosm 13 to excessively and unreasonably high costs to a company. Consider, for example, the effects of a lack of inventory control. When items are purchased for installation, their expenses are not truly felt by the company, as the company passes them on to the customer when the installation is completed and the final bill is issued. However, failure to track inventory allows greater risk for materials and equipment to become damaged, lost, or worse, stolen. Financial sustainabi l i ty is a growing concern as our industry and the economy have begun to cool off. While the economy may not necessarily be headed for a recession, there is no question it has begun to slow, and many businesses have already begun to feel the decreasing demand for their services. A well-run organization is one that is capable of weathering the ebbs and flows of the industry and the economy, not one that only sees success during a flourishing economy. It is vital to review the financials of your organization now to protect it from lethal losses down the road. Simple metrics such as your company’s debt-to-income ratio can help determine if you are in an overleveraged state, showing if THE SCOOP ON SERVICE Precision Control & BECS Controller Line • Reliable, 30 Year Track Record • All Items in Stock for Immediate Shipment • In-Field Service & Repair by Factory Techs • Leaders in Remote Control & Communication • ORP & Direct Reading PPM • Control Systems at Every Price Level Commercial Energy Specialists Excellence inWater Quality Control Since 1983 FL/Carribean Master Distributor/Service Center www.CESWaterQuality.com 800-940-1557
RkJQdWJsaXNoZXIy MTExMzEx