Small Business Growth During Ecomonic Downturn
Your business WILL survive! And I have some data to support this statement…
We are not heading to financial armagedon. How do I know? Because people are still buying jewellery.
I tend to think of myself as a realist and like everyone else in the US and all over the world I feel some anxiety about the state of our world economy and disdain for those responsible. But I temper this feeling with an optimistic outlook. With the right strategy your business can come out of this stronger.
IS MY BUSINESS DOOMED BECAUSE OF THE ECONOMIC DOWNTURN?
Not if you make some smart business decisions. Conversely, if you make a lot of stupid decisions, yeah you could be done for a while! In the past year my wholesale business has declined 11%, and over the past four months it has dropped 23%. While this is a concern, to be honest, I am shocked it’s not worse. I mean, if I could not make my mortgage payments and had to choose between food and gas… wholesale silver jewelry is the last thing I would be buying. I have no idea why, Read the rest of this entry »



