With concern growing over the health of the global economy, many consumers and businesses alike are doing whatever they can to ride out the impending storm- and that can spell growth and financial opportunity for those who can capitalize on it. So which sectors should still thrive in the current credit crisis?… Financial consulting and [...]
No matter where you turn these days, you will get the message that the state of the economy is hanging in a critical balance. Many recognize that the problems engulfing the U.S. financial system have reached the level of crisis- not only does the situation need to be fixed, but it must be done quickly. [...]
[image source: Anthony Baker] With a sputtering economy and an uncertain future, issues such as tax reform, health insurance, and worker’s benefits are weighing heavy on the minds of entrepreneurs and small business owners. For many, how the candidates for the US Presidency stand on these issues alone can be the deciding factor come voting [...]
With a little discipline, good organization, and planning, small businesses can safely survive an economic downturn. Here are a few suggestions: 1. Stay in touch with your cash flow. Focus on the areas where your cash is being held up, such as inventory, equipment purchases, and accounts receivable. By doing so, you will be in [...]
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