Managing & Surviving the Recession

real_ice's Avatar
Light Poster
How do you manage to market business during difficult times? What incentives, marketing techniques do you use? And how do you attract new business?
shabbir's Avatar, Join Date: Jul 2004
Go4Expert Founder
Get into creativity of finding free way to promote and market your web presence.
laserlipo's Avatar
Newbie Member

Some tips for surviving the recession :
1. Calculate your total monthly necessary expenses then calculate your total monthly discretionary expenses..
2. Trim the Fat (Insurance, credit cards, entertainment, groceries)..
3. Calculate your current monthly cash flow..
4. Start saving
5. Stay focused, stay determined, and update your budget....
George01's Avatar
Newbie Member
Many businesses are now utilizing accounts receivable financing. Small to medium sized businesses are now benefiting greatly from this strategy. It is also called factoring. Countless businesses have been saved from pitfalls and they are now enjoying a steady flow of cash.