Monday, November 17, 2008

Seizing the Day in Slippery Times - NYTimes.com

Seizing the Day in Slippery Times - NYTimes.com: "In hard times, it is tempting for business owners to make wholesale reductions and take a passive approach while waiting for the economy to improve. But that could deepen the pain. For example, they might eliminate buying equipment that could make them more productive or generate work. Afraid of admitting that their business is slow, some owners fall out of touch with people who could send them referrals.
Some owners, like Mr. Walker, find that action not only relieves anxiety but can also lessen financial adversity. Here are strategies that he and other business owners are using to cope."

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