RSS Feed
TwitterArticle Written By Dr. Rick Harper, DirectorUniversity of West FloridaHAAS Center for Business Research and Economic Development Key Ingredients for Florida’s Economic Recovery Small businesses are responsible for the majority of job growthin the private sector—addressing the insurance and tax problems will allow them to grow and ensure Florida’s recovery. It’s again a pleasure to be asked to write about the economy for the Florida Small Business Development Center Network.
Posts Tagged ‘Economic Slowdown’
Posted in 
What Are The Best Pricing Practices For Small Business During An Economic Slowdown?
December 3rd, 2008 
admin In an economic slowdown your pricing is determined by factors like input cost of production or distribution channel cost etc. ….. which are primarily working on market factors. Generally one should be working on a reactive strategy of open price …. which allows for revision in product pricing over a shorter time period instead of quarterly or yearly market driven slashes or increases. The important consideration is to try to maintain sales, even if some of them yield marginal or no profit (i,e, break even).
