Friday, September 7, 2012
Small Business Advice in a Slow Growth Economy - Two Inroads to Take
An increasing number of economists and small business experts admit the continuing challenge for sound small business advice for firms who want to grow. The historic global average of developed countries who experience a financial crisis is a full decade as reported by the Wall Street Journal. Evidence grows we are in for a decade of discouraging slow growth. In fact, the U.S.A. still significantly lags the long term average growth rate by a full percentage point since the 2008 Financial Crisis and recession officially ended. This slow growth rate impacts employment, spending and normal lending which are vital to a healthy growing economy. With a slow growth likely decade ahead, this article features two needed areas of encouragement and small business advice that above average growth is still quite practical.
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