Monday, July 12, 2010

Article of Interest: Are You Rebalancing Your Businesss?

In view of the notion of a potential double-dip recession coming to our economy very soon, whether it happens or not, how do you prepare for such an event?

Are you rebalancing your business in anticipation of a period of greater risk? If so, what steps are you taking to ensure a "steady as she goes" sort of approach to growing your business?

We do know this to be true:
Economic growth is not likely to return in a sudden and massive way. The “New Normal” is viewed as an economy of much tighter regulation, much higher taxes for the wealthy and for corporations, higher government spending, and consumers living with less and enjoying far less opulence than in prior years. It is even arguable that the recovery was merely a stimulus and stability recovery matched merely by an inventory replacement cycle with no follow-on gains.
The Huffington Post defines 'Double-dip' recession here.

As always, we welcome hearing your views and insights on this hotly debated topic.

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