Comments on: How Businesses Can Survive The Recession

By: Dieta

Dieta — Mon, 23 Feb 2009 09:46:52 +0000

The most important thing here is to stay calm (#1 on BBC’s list). Panic never helps and preemptive layoffs or salary cuts can really damage the company’s image. I guess #12 is also a valid point – businesses spend so much money on unnecessary advisors and other people who basically “think for you” it’s crazy. People should start relying on themselves – this will not only help them survive the recession but can also be very useful later as it lets you cut costs without sacrificing too much.
D.

By: Victor

Victor — Sun, 22 Feb 2009 20:54:35 +0000

I think another way would be to make your mark in the market, leave a positive impression on your customers so that they will continue to patronize you. Continue to provide quality service, and don’t just treat the business as a means of making money, but as provider of good quality service.

By: eCommerce Services

eCommerce Services — Sun, 22 Feb 2009 18:01:14 +0000

It’s not only about ‘surviving the recession’ – it’s about ensuring you are appropriately positioned for the recovery too.

Scraping through these slightly tougher times by cutting back, cutting back, cutting back might get you out the other side – but then what? You’ve no cash reserves, no budget left for marketing – and I’ll guarantee that at least one of your competitors has done the opposite.

I believe that aggressive marketing and the ability to ‘surf’ the wind of change in this climate are two essential attributes for any company that hopes to not just survive, but prosper in the aftermath.

By: Web Design

Web Design — Sun, 22 Feb 2009 17:19:29 +0000

I’ve always held a belief we will go back to bartering and selling our skills at some point in the future and money will become a thing of the past, there has to be something better to life than always worrying about money.

I think a lot of businesses have shot themselves in their feet, your business is its employees, look after them and they will look after you, after all they are your ambassadors!

By: SEO Chicago

SEO Chicago — Tue, 17 Feb 2009 22:05:14 +0000

nice post, i think these are things anyone can do and its probably something everyone should look at. I think too many people and small businesses withdraw all spending, when marketing is still very important if not more so than before.

By: Faye

Faye — Sun, 15 Feb 2009 04:07:30 +0000

Thanks for the checklist. Everybody, not only businesses, needs this to survive these difficult times. But consumers will benefit since businesses will give their best service and will try their best to improve their products to stay competitive. It will be a survival of the fittest.

By: Liens Sponsorises

Liens Sponsorises — Sun, 08 Feb 2009 14:15:25 +0000

Hello,

many thanks for this informative post, I’ll definately use this checklist with some of my client

By: Tezy @ Travel Guides

Tezy @ Travel Guides — Sat, 07 Feb 2009 16:52:25 +0000

Tightening one’s belt is still the best way to survive recession. We’re not sure how long it will last, but it would be better if we’re prepared for whatever worse thing that will come our way. same thing with handilng businesses. Owners should not be complacent and should act accordingly to save their businesses. This article listed some of the things that a business owner can do to survive recession.

By: Jamie Cohen

Jamie Cohen — Fri, 06 Feb 2009 23:35:18 +0000

I really enjoyed this post. Staying positive has helped my family in this hard time. We are making ends meet and in the process getting our roots back.

By: Tina - Tattoo Removal

Tina - Tattoo Removal — Thu, 05 Feb 2009 10:17:50 +0000

The global financial crisis makes everyone wary even the multinational companies. It is the time to cinch everything. Survival and staying on the top is the game played by most the businesses. I like the list you presented on your post, very practical and reasonable.