Times are tough! I'm sure there will be few who will argue with me about bodova.Svjetski recession fondly known as the credit crisis has changed the business landscape in which we operate and turned it into his head.
banks used in the business of taking money on deposit and lending carefully to the sound business venture with a professional management expense. But somewhere along the line of prominent conservative banker turned cautious reckless gambler invests huge amounts of money into our instruments could not understand, and even less value in the forlorn hope, if the decision to return by selling to other bankers are reckless and ignorant than themselves.
from the feeding frenzy was born credit crisis. Now very guardians of our life savings are themselves bankrupt, bailed by taxpayers novac.Banke are still bottom of your exposure to these toxic assets, so are therefore reluctant to lend not only new businesses, but even long-established clients.
the effect is widespread recesije.Američkom market, power consumption and collapsed overnight. Companies are faced with an over-supply and demand reduction. There is doom and gloom everywhere, business confidence is at an all time low, the British economy into negative growth, inflation out of control and interest rates set to rise. Political change has brought with it the clinical assessment of the economy of the nation, the realization that we are living way beyond our means for decades and that the period of belt-tightening a bone crunching fiscal reform is inevitable.
Is there good news? Well, every coin has two sides so it must be. For every loser in the transaction must by definition be a winner. As the African plains where the law of nature dictates that only the strongest survive recession will weed out the weak, unprepared, those who do not want to accept the new order. Like a lion stalking a wounded impala new economic realities will eliminate these organizations are too big, too proud, too slow or too stupid to adapt.
In an era of rapid change is neither the strongest nor the strongest of the species that survives, but those most adaptable to change.
Like a furnace that burns waste from gold to revive its purity, we should look at this period as a time of opportunity and hope, not a period of depression. Every great invention we have today was designed from the period of change. Nobody ever thought the computer will catch on or that anyone would be stupid enough to spend hours in front of picture frames is called television.
It's all about thinking. What we see depends on where we look. In these trying times I am reminded of a wise old saying
"I not only use all the brains I have, but all they can borrow,"
You do not have the necessary expertise to get through it. Nobody. Stick to what you are good in and hire the best brains to help you. When times are tough because they currently have the best financial advice and support, you really can not afford not to! You do not have the luxury of training new employees in new or part qualified. You men who survived the battle, which makes it hard miles, who were there and who can think outside the box. Traditional "Harvardmatics" will not do. Need street fighters, people who chose not to lose.
the best advice I can give is to hire the best financial brains can. Mature Accountants can quickly assess your problems and analyze alternatives to develop profitable and sustainable strategies for change. I can help you change your business, sell ideas with other stakeholders such as your bankers and shareholders, and you'll see through the storm.
waves and wind are always on the side of the bravest sailors. Fortune favors the brave.
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