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Business strategy
How to manage an operate your business through tough times.
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[QUOTE="Axis, post: 344720, member: 66672"] Most times while managing and operating a business as a business owner you might come across situations or cases whereby things may not go your way due to the increasing cost of production of the goods and services in which your business produces or renders while possibly there is an increase rise of economic instability making the possibility of selling your goods to customers and clients an impossibility. In such situation you do not want to close down your business but rather you want to perseverance and one of the ways of achieving this is by making sure to channel the business available cash into the production of those actual goods and services that customers and client are ready to purchase now so that the business can go on. During hard times it is advised to not take out the business profit but rather try to reimburse them into the business so that the business can be financially fortified. [/QUOTE]
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