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GET CONNECTED TIPS
Nifty ideas you can use to build a better
business
Risky Business
Every small business faces financial risks. You could lose a big customer. An economic downturn could hit your business. Costs could escalate. Your target market could dwindle. Don’t wait until a crisis arises to plan for financial trouble. Develop a contingency plan now. Your plan should identify these items:
How much money your business should keep in reserve for financial emergencies Which expenses could be reduced immediately Costs that could be completely cut if absolutely necessary Markets that you could target if your customer base suddenly shifts
Phone Shopping
Cell phones die. They get dropped too often, dunked in water and run over. When yours finally rings its last tone, don’t assume you have to ante up big bucks for a replacement. If your cellular contract is about to expire, the company will probably give you a new phone for signing a new contract. But if you’re on your own to find a new phone, bypass the pricey stores. Instead, shop at cellular dealer that offers used, refurbished phones – at half the cost of new ones. You can also find deals online at sites like eBay.
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