Recession Survival Guide
A few weeks ago, I received an email from BNet titled "BNET's Recession Survival Guide: 12 tactics for surviving the economic storm -- and even coming out ahead." Below are links to the 12 tactics listed. 1. Refiance Your Debt 2. Prioritize Your Debt 3. Land a Private Placement to Fund Critical Investments 4. Exploit Revolving Credit 5. Raise Cash Through “Factoring” 6. Sell Off Non-Critical Assets to Raise Cash 7. Take Advantage of Training Programs 8. Cherry Pick Top Talent Away from Rivals 9. Rebalance Compensation From Top to Bottom 10. Price Optimize for Your Best Customers 11. Double Down on Strategic Advertising 12. Capitalize on Affordable Luxuries