Recession
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Getting your business back on track
2011-11-22Many businesses are having a rough time in the current economy. The first thing you should do if your business is struggling is to refer back to your business plan. Examine whether you have strayed from the original premise of your business idea and evaluate whether this diversion has been successful or not. Conversely, if [...]
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Banking Sector Competition ‘Key To Avoiding Double-Dip Recession’
2010-09-23Earlier this week the Federation of Small Businesses (FSB) published a report calling for Government action to improve the competitiveness of the UK banking system. They believe that without greater competition in the banking sector, the economy will once again slide into recession. The FSB consultation ‘Financing a private sector recovery’ was commissioned in response [...]
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‘Double Dip’ Recession Fears Ease
2010-07-29Last week there was a lot of talk in the press voicing fears about the UK slipping into a ‘double-dip’ recession. This would involve the economy going back into recession, despite only recently having come out of it. These are commonly referred to as ‘W-shaped recessions’ because of the shape that they make when plotted [...]
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Turn Around The Fortune of Your Small Business
2010-03-01Recessions are often said to be the time when entrepreneurs are able to truly shine. The turbulent economy will frequently offer opportunities that would otherwise be out of reach for most people. However, many small businesses are having a hard time during the current economic downturn. The first thing you should do if your business [...]