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TwitterBy Pete Boyd In this recession, one of the most awkward things is for a business to stay afloat. If you read the papers or turn on the telly, there are incidents of companies closing down and many people being laid off. Such news events are very disheartening and since a proprietor of a business, you need to know the way to motivate your employees or just be part of the statistic.So just how do you motivate your employees in these hard times?
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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).
