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How to handle bad economy as a business owner
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[QUOTE="Axis, post: 289591, member: 66672"] The economy of a particular country definitely affects the existence of businesses established and residing in that particular country. However the country economy has the ability and the capability to be bad and to be good and when a business exist in an economy that is good it begins to flourish and also make good use of environmental infrastructure that can boost its growth and development. However on the flip side of the coin when a business organisation exist in a bad economy it begins to face a whole lot of challenge as well as finding it difficult to maintain growth and development. Most businesses existing in bad economics are finding it hard as well to maintain optimum performance but due to their strive majority of them crumble and fail at the end of the day. To be able to maintain business practice when the economy is bad, the business manager and the business owner must see the need to only channel available business resources to only the production ,distribution, manufacturing, and assembling of only goods and services more likely to be patronized by customers and clients. In this way productivity will grow. [/QUOTE]
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