Posted under Entrepreneurship
from 1470 days ago

According to an article by Mark Henricks in All Business, the 2008 economic recession was responsible for a 50 percent increase in business bankruptcy, and these businesses included the likes of automotive giants General Motors and Chrysler. While some businesses including the aforementioned companies were able to be saved by bankruptcy, many more were forced to close their doors completely. Those still in business might still be struggling to make ends meet in an increasingly competitive market as the economy slowly rebounds.

If your business is struggling, either because of the economy or because the business still in its infancy, how exactly do you make it tick? Here’s a look at five smart and simple ways to add bite to a struggling business.

5. Analyze your marketing

All businesses need to spend money to make money. And many businesses spend this money in the form of advertising. Take a ...


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