Economic Situation

Re: Economic Situation

The current economic situation is very discouraging for most of the business investment except few business like trading precious metals and real estate investing. Due to rising prices of gold and silver , if a trader invest in these he can earn extra profit with in days. But in real estate the prices are decreasing and it presents the gold chance to buy as much property as you can.

Re: Economic Situation

To "precious metals industry" people, the impact varies. Buying and selling time, that is.

Re: Economic Situation

Businesses that suffered the most from this current economic situation are businesses who refuse to "think outside the box". I am sure you would agree that the most significant growth in Apple was with in the last few years. It wasn't until they started to make their gadgets in china were they able to go , forgive the term, "mainstream". Saving money on non-core jobs freed finances allowing them to hire more core personnel for business development. Ultimately, apple reported growth even during the economic crisis. Now, this is also true for small to medium sized businesses. Having that assistant to take your calls, handle your appointments, keep your schedule, etc. frees up so much of your time so you can focus on the more important things, The business! How about having that extra person do telesales for your, now imagine having 5! With the cost advantages of offshore operations this is possible. If you want to maximize your revenue and minimize your expenses, if you want to get access to specialized skills and services, if you want to concentrate more on your core business, if you want to save on money, time and infrastructure - the answer is outsourcing.

Ask me more about outsourcing.

Regards,

Re: Economic Situation

Yes It will take negetive impact.

Re: Economic Situation

The current economic climate has definitely had an impact on my business. We are dealing primarily with small and medium sized businesses and the message that we get back from them is generally the same. They are doing it really tough and the majority say they are the worst conditions that they have seen since getting into business.

Re: Economic Situation

Even though I don't like what's happening with the current situation, we have done ways to make sure that our business can cope with it and even come up strong after all of it. If you think that your business is going to be affected by economic situations, you should find and prepare for ways to make sure that your business will survive.