1. Keep your focus. Don’t let the state of the economy get to you, to the point where you become disorganized and easily flustered. An economy on a downturn needs business owners who are tightly focused on the most important parts of their business.

  2. Cut back on extra tasks. This is not the time to be diluting your energy by taking on every job offered. If you have a core group of clients that have been with you for awhile, spend more time on them as they are your bread and butter. Be choosy in selecting any new clients that are shopping around. Check them out first and be sure they are worth any extra hours that you are going to be spending working. If you feel you absolutely must take on certain jobs, hire outside help.

  3. Take more time off. This may sound like the exact opposite of what you should be doing but hard times lead to increased stress. By taking more recreational time, you will be in peak shape, both physically and mentally. This will help you to make the best decisions for your business at this time.

 

recession

image by kevindooley on Flickr

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