What Can Small Businesses Do to Survive and Thrive in Down Economy?
Wednesday, May 13, 2009
What can small business owners do to survive and succeed during these difficult economic time? We speak to the president of the local chapter of SCORE, a non-profit association that offers free advice to small businesses, about the challenges local small businesses are facing right now.
Maureen Cavanaugh: Starting and maintaining a small business has never been a particularly easy thing to do and right now, it's just about as hard as it gets. With consumer spending down, businesses are struggling with issues ranging from how to handle overstocked inventories to how to create a recession business plan.
The group of volunteer small business advisors that make up the organization called SCORE have found themselves pretty busy in recent weeks. Their seminars are filling up with business owners who want to survive this recession, and even with some very plucky people who want to start new businesses despite the economy.
Monty Dickinson, president of the San Diego chapter of SCORE. SCORE is a non-profit association that offers free advice to small businesses and entrepreneurs.
Matt Gordon, owner of the Urban Solace restaurant in North Park.