Small Business in a Big World

October 12, 2009

Surviving Small Business on Economic Crisis

Filed under: Uncategorized — itbiznez @ 3:52 am
Tags: , ,

The first thing that you need to consider when starting a small business especially on these tough times is your interest. The passion that you will be putting in your business has a major impact on your business success. It is always important that you have the sense of direction on your business venture.

Economic crisis is nothing if you are well prepared with your business plan. This plan should always be coupled with action. You can drag your family to your business and get them involve with your action plans.

The most common reason why some small business was not able to survive the crisis is because of the misuse of the resources. There is always an over spending of resources, that is advance spending without the profit yet. This must be corrected because this will pull your business down especially with the economic status nowadays.


1 Comment »

  1. Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

    Comment by limited edition prints — September 30, 2011 @ 10:57 pm | Reply

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