Comments on: Small business during the recession http://www.ideate.co.za/2009/06/04/small-business-during-the-recession/ Business resources, tips, success stories, interviews and business ideas Sat, 11 Feb 2012 12:27:40 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: James http://www.ideate.co.za/2009/06/04/small-business-during-the-recession/comment-page-1/#comment-67334 James Thu, 11 Jun 2009 15:14:09 +0000 http://www.ideate.co.za/?p=2510#comment-67334 Thanks Andrew for the encouraging article. Its so important to keep a positive mental attitude and to view the current recession as an opportunity. Thanks Andrew for the encouraging article. Its so important to keep a positive mental attitude and to view the current recession as an opportunity.

]]> By: Discover Lapeer County http://www.ideate.co.za/2009/06/04/small-business-during-the-recession/comment-page-1/#comment-67321 Discover Lapeer County Fri, 05 Jun 2009 03:27:34 +0000 http://www.ideate.co.za/?p=2510#comment-67321 Thanks for the heads up! Learning how to reduce start up costs and ongoing operating expenses, could mean the difference between small business success, or ultimate shut down and failure. So how can you reduce these costs and give your new venture a better chance of survival? My answer is bootstrapping. <a href="http://www.discoverlapeercounty.com" rel="nofollow">Lapeer County</a> Thanks for the heads up! Learning how to reduce start up costs and ongoing operating expenses, could mean the difference between small business success, or ultimate shut down and failure. So how can you reduce these costs and give your new venture a better chance of survival? My answer is bootstrapping.

Lapeer County

]]> By: Gino http://www.ideate.co.za/2009/06/04/small-business-during-the-recession/comment-page-1/#comment-67320 Gino Thu, 04 Jun 2009 14:18:29 +0000 http://www.ideate.co.za/?p=2510#comment-67320 Andrew, I agree with your point about marketing and advertising. The best time to secure a greater market share percentage, would be while your competitors are cutting back or getting out of the industry. The right kind of spending could have a dual effect. While you are growing your business, your competitors are actually losing more clients and under more pressure. Also the benefit of offering a truly quality service or product is certainly highlighted during tougher economic times. Andrew, I agree with your point about marketing and advertising.

The best time to secure a greater market share percentage, would be while your competitors are cutting back or getting out of the industry.

The right kind of spending could have a dual effect. While you are growing your business, your competitors are actually losing more clients and under more pressure.

Also the benefit of offering a truly quality service or product is certainly highlighted during tougher economic times.

]]>