Diamond Accounting

The 10 ways to Bullet Proof your business in this economic downturn are as follows:

1. Managing Cash Flow

2. Keep Fighting - Increase marketing and advertising campaigns

3. Be patient - and be ready for the turnaround

4. Attract and retain quality staff

5. Strengthen relationships with your bank - if needing credit/loan

6. Seek a business coach/mentor for personal and professional direction.

7. Retain clients through vigilance, flexibility and straight talk.

8. Chase incentives - seek rent-free rent periods from landlords etc

9. Business Plans - Ensure you have one, review it and creats new targets.

10. Be informed to make better business decisions.