Current recession made many small businesses rethink how they do business and forced them to make changes. Most cut costs to keep doors open. Some decided that the fight is not worth and closed their operations. Others run out of money and quit. In conversations with Alpha Business Bridge during December 2009 almost all wished the economy to stabilize.

Since the beginning of 2010 the economic conditions are slowly improving. As some business owners stated “people are tired of postponing purchases”. However, very few see return to pre-recession sales levels any time soon. Yet, new demand helps businesses stay solvent and make spotty profits. In this situation some owners already are plotting the next move.

Better established businesses consider expanding. This is good news because just six months ago no one ventured to even think about. They realized that the environment is changing and operations have to upgrade accordingly. What is interesting is that the help is coming from internal networks rather than from open market searches.

Certainly, current recession forces many changes on small business. Resilience and resourcefulness will help many of them to weather these difficult times.

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