Tag Archives: recession
Prioritizing For A Less Than Ideal Economy
It would seem as though we are going through what could be a prolonged global recession. Banks collapsing, easy credit gone, rising fuel and food prices, the continually weakening dollar. None of these portend good things. If you haven’t already felt the effects of these less than ideal economic times, chances are you will in the near future. If you rely on subscriptions, sales, or advertising for your cash flow, less consumer spending means less money in your pocket. The entire American economy is something of a huge bubble right …
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NOW is the time
When should you invest in technology? When should you amp up your web presence? When is the time to invest in hiring a “rock star” that can transform your business? When should you spend, when should you save? NOW just may be the time. Recessions are typically not long (if we are indeed in or on the verge of one). And there’s good news: recessions can actually help the well-prepared and the savvy. By understanding what a recession is and what it isn’t, you can actually use a recession to …
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Dollar, Dollar Bill
Why do you elude me when I need you the most? Is it because I spend more than I save? Or is it because I have champagne taste but a beer pocket? Maybe I can just use the economy as my scapegoat? You probably have an array of reasons why you or your business is cash poor. Maybe you spend too much, make too little, went through a rough patch, or simply don’t know how to say no. What it probably boils down to, though, is poor (or no) financial …
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