Are you ready for economic recovery?

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According to the Conference Board, consumer confidence is at its highest point since the recession began.  Home prices have posted their first quarterly increase in three years and even Warren Buffet writes that we are on a path to recovery.  While not likely to look the same as it did before, the economy will grow again.  When it does; you want to be prepared.  Now is the time to abandon inertia and equip your small business for recovery.

Start by remembering your plans and goals from before the stock market collapsed.  Which good ideas stalled out while you were busy putting out fires?  Think through every area of your business: sales, marketing, infrastructure, technology and personnel.   Many strategies will still be viable though some of them may require reworking.  By reviving your awareness of those good ideas and the possibilities they contain, your confidence will catch on and encourage even more good ideas.  We are working on our own preparations at The Suites Collection.  During the next few weeks we will continue this series on examining the steps to recovery, so we invite you to check back and share your own experiences.

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