Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Monday, January 3, 2011

WHY SMALL BUSINESSES SHOULD OUTSOURCE THINGS THAT ARE NOT THEIR CORE COMPETENCY TO AN EXPERT – REASON TWO

Every business large or small has limits on the resources available to it. Outsourcing permits a business to redirect valuable resources, from non core activities toward activities which serve the customer. Energies that are currently focused internally can now be focused externally – on the customer, which in turn increases revenue.

Thanks to Next Level for this series of compelling reasons why it makes sense for small businesses to outsource during recession and beyond. For more great tips, check out Next Level's blog, site or FB page.. Find the pros you need and list your own business also on the OED Community.

Tuesday, September 21, 2010

Is "fear" holding back small business owners' from taking steps to improve their business?

John Walters taps into the pulse of the small business community, and seeks your feedback to assess the current environment.

In speaking with small business owners, it occurs to me that they are feeling more than a little battered and bruised: the markets are down; 401K’s where they exist are in decline, and significant equity in their homes has been wiped out.


Employment statistics are not encouraging, consumer confidence is low, and at the same time owners are reading about how the government is helping small businesses, but they are not realizing the benefits.

Fearful that returns may not materialize, and with siege mentality, business owners are reluctant to invest money, even when the returns look to be attractive. In essence, they appear to be paralyzed from taking actions to improve their business.
“Cash is King” and owners are keen to hold on to what they have.

Does any of this sound familiar?

Please share your thoughts on the above.
 
Reprinted with permission from 1-2-1 Business Consulting, LLC