Weโve all heard lots of advice on what to do to ride out the economic slowdown. Here are six things not to do:
1. Donโt cut prices or go after low-margin business
2. Donโt cut skilled personnel, but donโt keep marginal
performers, either
3. Donโt reduce your marketing budget
4. Donโt reduce your training budgets
5. Donโt ignore your core
customers while hunting
new business
6. Donโt panic. Word is, the slowdown will end soon.
www.thegredecompany.com
Remaining profitable in a slow economy
What's New
BizPeople
Submit a BizPeople
Share new hires, promotions and employee accolades with the region's business leaders.