Monday, May 24, 2010

Economic Downturn?

Despite the negative news we hear everyday on Bloomberg or Fox News, there are many businesses in Southwest Florida doing just fine. One way is that many business owners decided to stay small enough to succeed. They didn't get greedy in the good times and over leverage to capture "potential" markets that as it turned out never materialized. They have the flexibility to change with the times and conditions much better than the large corporations, with their "legacy" costs and unmanageable chains of command. Are you listening Lee BOCC? While some have had to give up some of their space or employees, others have seen opportunity to serve needs and worked to fill them. Some have bought out struggling competitors to add needed accounts and usable equipment. Some have added profit centers that enhance the core business, while others have eliminated non productive lines or srvices to concentrate on the core business. Naturally, being good at what you do and maintaining a good reputation will maintain many a business through what might be the end of the line for those that don't.

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