Introduction – Recession, What Recession?
Whatever camp you’re in you can’t fail to notice the increasing talk of recession and ongoing coverage of rising fuel prices, the credit crunch and instability in the housing market.
Even if you haven’t noticed any effect on your business just yet, it is clear that all the talk is having an affect on consumer confidence and eventually the results will be felt by many businesses.
Now is the time to take stock of your business and implement changes to your processes that will lead to increased revenue and higher profitability. After all, the worst that can happen from taking action now will be better profits at the end of the year.
So, assuming that we are heading into rockier times, who will be the first businesses to feel the effects?
Go to the next page to find out some of the areas that can expect a downturn.
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