Monday, January 30, 2012

10 Tips for Thriving in an Uncertain Economy

A new year is here, but for small business owners, 2012 presents many of the same challenges as did 2011. With economic uncertainty the “new normal,” how can your business move forward? Here are 10 tips that will help you not only survive, but thrive.
  1. Tighten your belt.
  2. Adjust prices.
  3. Find new customers.
  4. Get creative with hiring.
  5. Maximize productivity.
  6. Harness technology.
  7. Use social media.
  8. Monitor your cash flow.
  9. Keep up with trends.
  10. Think strategically.
Read the detailed and complete article from our friends at California SBDC Los Angeles Regional Network by clicking here!!!

Rieva Lesonsky is founder and President of GrowBiz Media, a media company that helps entrepreneurs start and grow their businesses. Before launching her business, she was Editorial Director of Entrepreneur Magazine. Follow Rieva at Twitter.com/Rieva, read her blog at SmallBizDaily.com, and visit her website SmallBizTrendCast to get the scoop on business trends and sign up for free TrendCast reports.

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