How do you keep the business going in the tougher economic times?

[Stardom22]

As we all know that this time the world wide economy is really ravaged everywhere.
So how do you keep going on your business especially on these times whereby the economy is very unfavourable for business.

 

[Augusta]

First Is to provide quality products and services. You need to provide money worth for your business if you need repeated customers and at all times too.

 

[neku]

It is better to focus on customers who are doing well and can afford to spend more money. Often those who are politically well connected will flourish, even if the economy is not doing well and continue to spend.

 

[freelancermaria]

In my case, I work hard to deliver excellent online service to my client so that I do not lose my job. However, I'm looking for a better-paying job so that I can keep up and save more.

 

[eLdavis]

This is why business owners are expected to be flexible. In times like this, the best thing to do would be to be adjust how you run your business. If there is a way you can still maintain your old price and still make profit, go ahead. Don't just change your price to something higher simply because others are doing it.