With the current financial crisis set to continue, small businesses must consider how to survive a potentially long-lasting recession. Here is the second instalment (part one here) of top tips to successfully steer a business through the recession:
Slash the bills – Now is the time to shop around and check if your small business is paying over the odds on utilities bills. Energy Helpline is an independent price comparison service that can help small businesses find better energy packages.
Be green and save – Being energy efficient means does not have to be expensive. The Energy Saving Trust advises on how businesses can save money and be green by reviewing the modes of transport it uses.
Stay above the radar – No recession lasts forever, and so it is vital never to stop marketing the company. The Forum of Private Business (FPB) has compiled a list of ways to market a small business on the cheap.
Talk to somebody – If things are still difficult after following our tips, advice is available from a number of business support services. Business Debtline provides free, confidential and independent advice on how to deal with debt problems.
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