6 Ways to Prepare for the Coming Upswing

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Invest in technology

Technological improvements--new billing software or an online ordering system, for example--will allow you to add new customers with little additional cost when business picks up. If cash is short, try rolling out new technology in waves. Installing a new tracking system on 5 to 10 percent of your vehicles, for example, will allow you to test how successful the new system is, and whether you should expand it to the entire fleet.