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How to Maintain Profitability in Times of Economic Downturn
Surviving challenging business cycles is never easy. Maintaining profitability takes an abundance of discipline and creativity. Your most important task will be redefining your strengths and weaknesses. Small businesses have the luxury of agility; they... More »
Difficulty: Moderate
Source: www.ehow.com

How Does A Struggling Economy Affect Your Business? « New ...


Dec 23, 2011 ... The global financial crisis (caused by several crucial factors that are maybe ... The many financial pitfalls and other effects that loom during a straggling ... As the revenues and profits of businesses fall, some of these ... Maintaining a positive attitude during the time of economic hardship can greatly help.

What Top 3 Things Should I Do in a Recession? - Entrepreneur


Dec 12, 2012 ... In difficult economic times, what should a persevering professional do ... to maintain profitability and to sustain the business during a recession.

Displays: Bright side of economic downturn | EE Times


Displays: Bright side of economic downturn. Displays: ... shows no signs of slowing, it is difficult for manufacturers to maintain profitability, for three main reasons:.

Top-Ten Marketing & Sales Strategies for a Slow Economy


The quickest road to bankruptcy in a struggling economy is to sit on your ... Sales Strategies For A Slow Economy: How to Attain, Retain And Maintain Customers ... and marketing strategies you can use now to make your business recession proof. ... Gregory P. Smith shows businesses how to build productive and profitable ...

How To Keep Employees Motivated - Forbes


Sep 16, 2010 ... Useful tips to keep your workers productive and profitable. ... motivated has never been as important as during the current economic downturn. ... During unsettled times, leaders must communicate more frequently with their ...

Industries Find Surging Profits in Deeper Cuts - The New York Times


Jul 26, 2010 ... “As long as corporations are reinvesting, the economy can grow,” said Ethan ... “ In the downturn, companies managed to maintain higher profit ...

Five Tactics to Create a Sustainable Restaurant Business ...


So how can you create and maintain a profitable restaurant while adding value, ... In their two-day workshops on crisis management, the United Fresh Produce ... are dining is critical in avoiding grave situations and possible financial liabilities. ... has reported that it receives three times the response from Twitter compared to  ...

10 Best Practices for Increasing Hospital Profitability


Jun 17, 2009 ... "Physicians have a huge role in maintaining hospital profitability, but unless ... During tough economic times, some hospitals may benefit from ...

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Q: How to Maintain Profitability in Times of Economic Downturn
A: Discover the optimal business model. The difference between Netflix and Blockbuster is not in their size or product, but in the business model. Netflix capitali... Read More »
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Helpful Resources

Survival Tips for Managing During an Economic Downturn - SBA.gov


confidence have direct impact on your profitability and on relationships with ... Maintain a strong cash stream throughout the downturn, in contrast to other ... Typically during a slowdown, there is an imbalance between slumping retail sales and.

Roaring Out of Recession - Harvard Business Review


We collected financial data on all the companies listed in Standard & Poor's ... We concluded that companies with both sales growth and profits growth 10% higher ... Businesses that boldly invest more than their rivals during a recession don't ...

Leaders must lead: It's not just about profitability, survival


Political and economic influences have great implications for today's leaders ... nor erode operating capital during a downturn because there will be nothing ... Survivability is all about reducing expenses, making profits and maintaining capital.

The Economic Crisis: A Leadership Challenge - Gallup


May 12, 2009 ... The economy may get worse before it gets better: Most economists say the U.S. ... 18% higher productivity, and 12% higher profitability than business units in the bottom quartile. ... But in bad times, there isn't any way to hide the performance ... So don't change what you don't have to, and maintain office...