Tip 1: Its down to you

No, we don’t know what is going to happen either. What we do known though, is that if you are just waiting for economic recovery to grow your business, then you will just keep waiting. We believe that the businesses that are going to succeed in the current uncertain climate will need to be proactive rather than reactive, and will have to create their own opportunities.

So now is the time for some honesty. What have you learned during the recession? What have you done? What was done for short term survival and what has been done for long term growth?

Have you been communicating with customers, stakeholders and employees? These are the people who can help you determine how you should move your business forward

What changes have you made to your business model? How flexible and scalable is your business? Can you move up and cut back quickly? Flexibility will be key in the future.

What new opportunities have you identified? Can you doing the same thing cheaper, better or differently to your competitors? What about new products and services? What new possibilities have presented themselves during the recession?
 
Throughout December we will be giving some ideas to help you get the most out of 2010. But ultimately whether you succeed or not will in the most part be down to you. Make sure you are prepared!

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