Small Business Ariana Elsie McNally Small Business Ariana Elsie McNally

Tips about surviving and thriving in a recession you should know

There’s much talk these days about a recession and what that could mean for our own businesses. Recessions can be tough for some and yet others thrive. What’s the secret? Is there one?

In my research I’ve identified strategies that can help businesses not only survive, but thrive during economic downturns.

What I found can be summed up in three main areas:

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Small Business Ariana Elsie McNally Small Business Ariana Elsie McNally

This is a dirty word to many entrepreneurs.....

“I’m too busy growing my business to think about processes”

“Process stifles creativity in our organization”

“Process is considered a dirty word in our company”

I’ve seen too many companies suffer from their belief that if they put structure and flow into their business, their people will feel ‘stifled’.

You know what lack of process, or infrastructure does? It inhibits communication, reduces role clarity, creates inconsistent performance, creates uncertainty when problems arise, and slows growth. Unfortunately, the list doesn’t end there.

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