How To Survive An Economic Turn-Down

Be fair, attentive, and customers
will return.

This is the time to take a stand.
Don't give-up your dream when
the economy hiccups. Yes, I
know it's hard.

I will survive thoughts should
blanket your mind. Place
those words on paper.
Tack them to your office door,
computer, desk, information
board, wall, mirror, or
where you can easily
see them.

Think pass the economic
hard times.

Avail yourself to networks.
Don't be ashamed to ask
for business.

It's a must to cut costs.
Anyone not contributing
is moved, or terminated.

People who have been
with you, the company,
for a long time draws
stress when the
T word is considered.

However, in economic
hard times, tough decisions
are made for your business
to survive. Sometimes,
old employees are terminated.

If an employee isn't working
well with his/her new
department, you have to
make the termination choice.

Perhaps, when times are
better, re-hire him or her.

Is it possible for you to
get a more fitting offer
from suppliers?

Contact creditors. Adjust
your payment habits, make
better or bigger payments.

"Why?" You asked out-loud.

It will reduce costs.

All staff members have to
do more, or accept the
alternative. The alternative
is termination.

The most important part
of your business is your
customers. Get to know
them. Inquire about how
he/she found you, your
product or service.

Direct your advertising to
where customers are seeing
it, and stop spending
elsewhere.

Your business survival is at
stake. You can't afford to
be concerned about how
measures look. Keep your
staff informed as to what
is happening with the business.

If the staff feels apart of your
business survival, they will
work harder. They will do
what's best for the business,
their jobs.

The economy will recover,
but it's necessary to swing-low
with it, and rise when it does.

In closing, you survive in an
economic turn-down by using
common sense measures.
Keep the survival attitude,
network harder, anyone not
meeting the quota is moved
or terminated, and keep
everyone aware of what's going
on with the business.