Posts Tagged ‘business tips’

Friday Freebie: How to Survive Tough Times

November 14, 2008

We all know that these aren’t easy times to be in business.  We also know that much of the boom bust cycle is psychological; people believe their houses will always go up in value so they take risks and use the equity in their houses which stimulates the economy.  When they don’t believe the value of their houses will always go up, then they stop.  Today’s freebie is a newsletter from “My Own Business.org” which has other great resources as well including a free course in starting up a small business.  Here is the link and what I think is the most important tip:

“Look for opportunities in adversity. The best bargains and business acquisitions become available during recessions. “