Monday, 16 March 2009

Top 10 tips of survival under financial tsunami

  1. Re-think and re-plan your business strategy. What you have the good or bad?
  2. Search the virgin markets you have not touched before
  3. Re-organize your company. Cut the sales and operational costs as much as you can
  4. Increase the work efficiency
  5. Bargain the price from your suppliers or find the cheaper one
  6. Use lower-cost promotional channel. Online free B2B marketplace is a good choice
  7. Contact the existing buyers more frequently and keep the business as you can as it is very difficult to develop new clients
  8. Re-build your company website if it was built more than 3 years ago. If you have no website for your company, build one
  9. Try the internet marketing after you renovated / built the website
  10. Accomplish 9 items as above and keep this direction to run your business

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