Categories: News
Date: Aug 19, 2009
Title: 10 Ways to Bullet Proof your business
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.