By: Hendry Lee

Hendry Lee — Tue, 01 Jul 2008 18:18:39 +0000

It does impact my buying decision, but I don’t cut on marketing, because it will slow the business even more.

Business owners who do this will see increase in business because their competitions may cut their marketing and advertising budget.

Low cost marketing could be an alternative during recession.

By: Patrick

Patrick — Tue, 01 Jul 2008 12:52:48 +0000

We have actually been spending more and more on things we know or are pretty sure will either bring us more business or at least our own skill set which indirectly will either bring us more work or help us do the work faster. A short list includes;

Sales Training
Video Editing Software
a high end digital MP3 recorder
Photography equipment
Gas for the car to meet clients or to travel to a job
Storage Devices and offsite services(no matter the economy – no matter your insurance a good back up plan is critical)
Spending more to eat out an network with other business people.

Just a short list but each one had paid off and brought a return, yes even in “tough times.”

Comments on: Small business owners are postponing purchases

By: Hendry Lee

By: Patrick