Rhonda Abrams At Gannett News Service: I’ve heard a lot of doom and gloom from small-business owners lately. After all, the economy stinks. Headlines scream at us: Consumer confidence is down, unemployment is up. Housing prices are down, business closings are up. In the face of all that, I have a piece of advice, “Pull […]
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Inc.: As the economic crisis grows, Americans are paying less attention to new product launches, posing a serious challenge for emerging businesses, according to a recent survey. Of 1,000 consumers polled in September, 69 percent could not recall a single product launch this year. About 22 percent said they remembered when the Wii Fit hit
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Inside CRM: It might seem counterintuitive to start a new business when the economy is in the dumps. But a recession can actually be the ideal time for launching a company. In fact, many well-known and successful organizations were born during an economic slump. The following major corporations made it big during recessions: Burger King
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Inc.: Over the past few weeks, economic experts have introduced us to a deluge of statistics and indices to chart the current financial crisis. As a microbusiness owner, however, I’ve found one reliable index that won’t show up on most economic forecasts, one I’m calling the Haircut Index. In my small town in New York’s
Get Entrepreneurial: Have your phones stopped ringing yet? The economy is lagging and dragging. We’ve felt the effects in the United States. Now we’re seeing global implications. Here are eight “Killer Steps” to Attracting New Business in a Lagging Economy: 1. Broaden Your Perspective 2. Be Nimble and Innovative 3. Dazzle Your Current Customers 4.
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Inc.: It’s no secret to anybody running a small or independent retailer that we’re operating in an unprecedented economic environment. Right now, it feels like the only thing that we can be certain about is uncertainty. Credit is extremely tight, and forecasting sales is like throwing a dart. The only bright spot is that gasoline
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