The Rostie Group has always been committed to offering business support solutions that help save our clients both time and money. With all the negative economic news as of late, it is becoming increasingly important for businesses of all shapes sizes to begin developing "recession-proofing" strategies that will help better prepare them for the economic uncertainty which lays ahead.
Surviving a recession doesn’t necessarily require layoffs or salary cuts; even the smallest organizational change can have a very significant impact on your company’s bottom-line. Planning a big meeting? Try booking it at a business centre where an event planner comes at no extra charge. Videoconferences are another great way to save your company money. By holding a virtual meeting which utilizes videoconference technology, you can get all your international contacts into one room, without having to purchase a single plane ticket. And best of all, videoconferencing is also a great way to be eco-friendly!
If your currently leasing office space but finding it too costly for your current needs, try researching the products and services offered by executive business centres, like The Rostie Group. Often you can get fully-serviced premium furnished office space at a prestigious address, for a fraction of what you are currently paying in rent alone. By doing a little research and implementing creative solutions, you will be surprised to discover how much further you will be able to stretch your company dollar during these difficult times.
Below are links to some recommended articles which discuss “recession-proofing” strategies for small businesses. You will definitely want to add some of these tips and tricks into your Recession survival "arsenal".
Starting Up in a Down Economy (Inc.)
Protect Your Business Against Recession (Dunville Chronicle)
And Now for the Good News: Ten Bright Spots to Savor Amid the Economic Gloom (CFO Magazine)
Five Ways to Save Money (Layoffs Not Included)
Five Ways to Recession-Proof your Business (Scripps News)
