For many small business owners, the main focus is on survival -- not growing the business. And, with the freezing of the credit markets and the slowing economy, the sentiment is certainly warranted. Hey, even companies like Google, Inc. (Nasdaq: GOOG) are cutting back.
So, what are some key survival skills? Let's take a look:
Get Paid: It's never fun to call customers who are behind on their invoices and ask for them to pay up. But it's a necessary skill if you want to survive the recession.
Thus, you need to be proactive (for more help on this, you can check out a recent column I've done on this topic).
Comfort Zone Investing: The unmighty dollar
Five winners of a weak dollar
For a quick-read on the U.S. economy, check the price of gasoline
