4 Ways to Maintain Business Stability in a Changing Economy

July 23, 2010 by · Leave a Comment
Filed under: Business Tips 

Launching, operating, and maintaining a successful business is only one part of the entrepreneurial equation. Don’t forget about the economy, the 2nd part of the entrepreneurial equation, and how its ups and downs can greatly impact a business.

Even with all the technology we have today, no one knows the future or can predict the state of the economy with 100% accuracy. So, here’s 4 ways to maintain business stability regardless of the economic forecast.

  1. Make customer satisfaction a priority.
  2. Sign more long-term deals. Close more long-term sales.
  3. Expand relationships with existing clients.
  4. Form alliances & joint ventures.

Maintaining business stability is an essential part of leveraging your business for success. If you find it too overwhelming…do NOT give up! Take advantage of my 1-on-1 (no cost/no obligation) consultation and discover how to get the help you need while creating stability in your business.

About the Author:

Katrina Chesney is Founder & President of Portable Hands, a Virtual Assistance firm that provides leverage for small businesses.

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