Not Ranked
It's a tough thing to see happen. I've spent the last couple years adapting my business to the changing tide, problem is even if you know where you need to go half your employees can't (or won't) adapt.
One part of my business mainly caters to the local utilities, something you'd think would be somewhat recession-proof. That is until their capital expendature financing through Lehmann Bros. evaporated...
But you do what you can, bark at the employees for leaving the A/C on 65, trim off as much waste as possible, look for solutions bad times force other businesses to look for (or don't know about).
Sounds silly but even a Cobra builder may find in tough times that no one makes a good ironing board anymore and they can fill that need.
|