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Further
Reading ...
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Beware of Bogus Credit Repair Companies! - Omar M Omar
So-called "credit repair" companies claim they can remove negative information from credit reports. Advertising as "Credit Advisors," "Credit Rating Correction Services" or "Credit Consultants," they trumpet variations on this message: "Turned...
Developing an Opportunity Mindset - Kevin Purfield
Starting a home based business is a fantastic way to earn additional income part time or full You can build a six figure or higher cash machine using you home computer and a few hours of your spare time each week. It is estimated that each day...
A Strategy for Attracting Higher Paying Client - Catherine Franz
By Catherine Franz Some people have little difficulty attracting and maintaining higher paying clients. Others can't get to first base. Higher paying clients consume less time, exchange energy instead of zapping yours, have higher regards for your...
How to Create, Sell and Distribute Your Own Informational Product - Shelley Lowery
With the rising popularity of the Internet, there is absolutely no better time than right now to develop your own informational product. Not only is there no better time, but it has never been any easier for anyone to develop and sell their...
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How To Prosper As Times Get Bad
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Written By:
Lisa Lake
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The bad news just won't stop! Every day brings more gloom and
doom headlines about how our once stellar economy is sinking.
Big companies are laying off employees by the tens of thousands.
Stores are cutting back on inventory. Thousands of home-based
businesses are getting scared and giving up.
No question about it, our economy is going through a tough spell.
But not everyone is hurting. Many businesses make big gains
during times like these.
Just check the Fortune 500 for major companies that started in
somebody's garage during the Great Depression, or during the
horrible recessions of the 1970s, or during the downturn of the
early 90s.
Good ideas and hard work flourish no matter what the economy
looks like. Here are three simple ways to help you succeed no
matter what.
1. Cut costs now! Look for little purchases you can do without.
Try to cut down on non-essential services that bill you each
month. Cutting even a few small items can quickly add up to big
savings. You can count those savings as increased profits or
simply more cash flow to help you keep the doors open when sales
are slow.
By the same token, don't do without products and services that
are essential to your success. You don't want to throw the baby
out with the bath water.
You can work an asset harder to make it produce a bigger profit.
I often think we could do without some of the web hosting
services we buy. But then it occurs to me how we can use all
those nice web features to better serve our customers and pull in
more sales. Use use what you have with more intensity and
efficiency.
2. Reduce employees and outsource. I don't mean that you should
fire good people. But resist the temptation to immediately hire
someone new when one of your employees quits. Slower sales
demand less human power. Employees who are motivated by - continued below ...
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continued ...
leaner
times may be able to take on more work than they did before.
Look for ways you can send some of your work to freelancers.
With many companies laying off skilled people, there is no
shortage of experts who are willing to help you by the job or
hour. Your small business can indirectly benefit from the
training larger companies spent billions on.
3. Concentrate on your core and jettison the rest. Every
business or professional has key products and services that are
their main moneymakers. Look for ways you can emphasize your
bread winners.
Get rid of tasks that don't make you money. If you can't see it
turning a profit in the near future, don't let the expense drag
you down.
Finally, don't believe all the hype you hear. The media love to
take a bad story and make it sound worse. If they get some
information that business is struggling, they do what they can to
make it sound like an unmitigated disaster. Of course, we can't
lay all the blame on news organizations. These are the kinds of
stories the public likes.
The reality of the situation is things are never as bad as they
sound. No matter how tough things get, there are always
opportunities. You can keep your dream alive if you continue to
believe and persevere.
Did you hear the true story about the guy who made a fortune
selling rugs on the Afghan border? That is probably the most
desolate and troubled place in the world. If he can succeed
there, I have no question you and I can do well wherever we are.
About the Author
Lisa Lake has created a list of top ways to promote your business
or career. See her http://MyAdBlaster.com Lisa also writes ad
copy that sells for DrNunley's http://InternetWriters.com Reach
her at mailto:lisa@myadblaster.com or 801-328-9006.
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6 Things to post on your blog when you're running out of ideas - Dulce Azogue
There is no doubt that blogs are the “it” thing today in the online world. Wherever you surf, blogs are sprouting everywhere like mushrooms, whether they’re used for personal or business purposes. But for starters, what is a blog anyway? It is a...
Hiring a Virtual Assistant: A Professional VA Offers Advice - Lori Davis
Many of you are just beginning to learn about the Virtual Assistant (VA) industry. Others have enjoyed the amazing talents of a Virtual Assistant for months or years! Whatever your exposure to the Virtual Assistant industry may be, I’d love the...
Organization Tips That Add More Hours To Your Day - Diane Hughes
One of the most common complaints that small business owners have is lack of time. What most don't realize, however is that their lack of time stems from a lack of organization. But with a few simple tips - that you can implement immediately - you...
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