Terry Dean has a recent post on blog that can help business owners during this hard economic time. He says, “Basically, it’s going to be your choice as a small business whether you decide to participate in the recession or not. You might find sales of some of your products decreasing. OK. Move with it. […]
In the first post, I talked about the 3 things that will happen to every business in a recession. I also told you that a simple choice could be the difference why one business survives, or even prospers, and why another one doesn’t. I then told you the 1st thing your business can do to […]
Do you know the 3 things that will happen to every business during a recession? 1. Some businesses will die. 2. Some businesses will survive. 3. Some businesses will prosper. There are some new businesses that were barely making it when the economy was doing well. They were not prepared for a sudden economic change […]
There are two dangers for business owners when times are tough: 1. The danger of doing nothing 2. The danger of doing the wrong thing. Both of these things can cause similar negative results for a business. Small business marketing and strategy expert Joe Polish says, “if you’re not all that happy with your harvest, […]
CnnMoney.com has an article about Houston based business “Hamilton Shirts”, which is a company that’s ridden through tough times in the past. David Hamilton gave three tips to other family-owned businesses on how to recession survival tips… “Focus on your existing customers, focus on your margins and focus on your overhead costs.” Read the whole […]
