GoFaxer Blog

How are U.S. businesses responding to the increasing probability of a recession? They are getting leaner and meaner. According to Bloomberg.com, worker productivity grew more than was forecast in Q4 of 2007. They are trimming staff and they are improving their use of labor. Shobhana Chandra reported in Bloomberg:

“Productivity, a measure of employee efficiency, rose at an annual rate of 1.8 percent, after a 6 percent pace in the third quarter, the Labor Department said today in Washington. The median forecast in a Bloomberg News survey was for a 0.5 percent gain. Labor costs rose less than forecast, the figures showed.”

Becoming a more efficient machine is a business’s first line of defense against a recession. Cut expenses and use that cash to reinvest in your business, even when overall revenue might be down.

One of the best ways to increase your productivity while decreasing your overall expenses is to ditch the fax machine in your office and convert to a fax to email service. Companies like GoFaxer provide this service, saving you cash on repairs, paper, and ink. It is also a huge time saver. You’ll no longer see your co-workers waiting in line at the fax machine.

With this technology, faxes are sent and can be sent all through email. It’s the function of fax, with the convenience of the Internet. It’s one more example of how your business can follow this trend in strengthening for uncertain times ahead.