Training

Excerpt from SMALL BUSINESS PRIMER:
How to Buy, Sell & Evaluate a Business

Excerpt from Chapter 1

TRAINING: When you train new employees, your competitor may send you a "Thank You" note! What often happens after you upgrade a responsible employee is that he goes "across the street" to your competitor. That's because you didn't explain that the compensation would grow along with the new responsibilities. Now you have to compete against someone YOU trained! And for the other guy's profit!


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