Financial management business planning is a must for every individual – be it to run your day-to-day life or your business. When we say business, financial planning should be accorded top priority to weather uncertain times and also to survive times of recession. A proper business plan, a detailed research about your potential investors, having contingency plans in place in … Continue reading
Posts Tagged: Recession
How SMEs Survive Recession
Small and medium enterprises (SMEs) are the backbone of any modern economy. So are the trade cycles. During the recent recession, Asian economies came out with minor bruises here and there, whereas the European economies and those of the Americas had a tough time. In general, during the recent economic downturn, business sectors around the globe panicked and the world … Continue reading