You Can Weather a Recession with 5 Time-Tested Strategies

Summary


Afraid the recession is here to stay a bit longer? If so, you're not alone. Many economists are predicting doom and gloom. And, even if the economy hasn't hit rock bottom in your part of the country, it has slowed down significantly: In a CNN.com poll, 74 percent of 37,150 online readers surveyed as of Jan. 22 said they thought the U.S. already was in a recession.

Many businesspeople fear a recession or soft economy, reasoning that if the economy is poor, clients and customers will cut back on projects, stop spending and worse sacrifice quality and buy only from low-priced vendors.

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You Can Weather a Recession with 5 Time-Tested Strategies

All of this is true but only to a degree. An economic slowdown can be a problem for your business. Or, it can be an opportunity to gain new clients and boost your sales if you know and have mas...

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