Fifteen months ago, in June of 2010, I wrote a magazine column, The Calm before the Storm! In it I suggested that despite the economic upswing, a debt-induced financial crisis loomed and could cause tough times in 2011. I also offered eleven steps one could take to strengthen their business foundation and prepare for a downturn. This may be an appropriate time to revisit the eleven steps, and evaluate which of them you can employ to help bullet-proof your business. While implementing these strategies back when they were first presented would have helped you to better maximize them, it’s certainly better to do so late than never.
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