Continuing an earlier theme of flawed decision making under pressure, in this article I’m going to identify 5 expenses which, if cut, can prove to be just too sharp for the business’s own good. 1. HEADCOUNT Anyone who has ever worked in a large organisation during austere times will understand why this is top of[...] Read more »
Posts Tagged ‘Recession Tips’
Twist or Fold – What’s a Small Business Owner To Do?
What should small business owners be looking to do as the economic landscape continues to meander at uninspiring levels? An old colleague of mine, who managed a chain of 100+ retail stores, was a veteran of 2 previous recessions and used to say that the only way to survive a recession was to hunker down,[...] Read more »