So here we are, deep in an economic downturn. What's the best thing to do when times get tough?
Withdraw and protect what you got, right?
Experience has taught us that those firms that expand and excel don`t hide or shrink during tough economic periods, rather they
look for the opportunities that challenging financial environments bring. If you didn`t leverage your firm full of debt during our
last business boom, you should now be in a position to take advantage of the current economy.
Here are three ways to capitalize.
Track Your Costs
During growth periods, it's easy to focus just on getting the job done. Often we find ourselves doing things the easy or fast way.
Taking time to make detailed purchasing choices seems to ....