Tom Shay is the feature speaker for the 2013 Business Management Workshop in San Antonio at the Crowne Plaza Riverwalk, Jan 10-11, 2013. See his tips and more at Profit +Plus Solutions for Small Businesses.
Tip 4: Be Ready to Step into the Competition's Space:
In this challenging economy your best opportunity may be to expand your business. Tips to
- Take a careful look at your competition and observe what they have been cutting back on.
- If your competition's cut backs defy logic as you observe the dance for business in your community, you should take a serious look at adding these components to your business.
- This may be the time to stock more basics; add some hours to your weekly business schedule, or perhaps take a look at the great salesperson that has been working at the competition who now finds themselves only working part time.
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