Rick Erling, is the President of The CxO Group, LLC in Dallas, Texas. The firm specializes in sales, marketing, and business growth strategies to improve revenue.
While there is widespread disagreement as to if the U.S. economy is on the edge of a depression, a recession or is just experiencing an "anxiety economy", no one can argue that the financial crisis is not having a huge ripple effect and its going to take years to work out.
Rick Erling, President of The CxO Group, LLC, a Dallas, Texas Business Coaching and Performance Improvement firm adds "Today's uncertain economic times are forcing all executives, managers, and business owners to adopt new strategies for navigating through the current business downturn. At times like these many companies prefer to move into a survival strategy to ride out the storm. Survival strategy, while conservative, has one underlying problem. In today's hyper-connected economy things can unravel quickly, and when your business is not growing and improving it is falling behind and headed for extinction. Keep in mind that even though your business may be slow today, your business will return to profitability in the future, IF you do what is necessary to survive today. "
So, what are you going to do? Let employees go? Cut back on marketing? Squeeze your current clients for more money? Yes, you can do all of this, but is that going to help? What can you specifically do during a recession to grow your business profitability?
Rick adds, "Now is the time for you to re-evaluate your strategies. The CxO Group has published a complementary Special Report, 10 Tips to Grow Your Business in a Recession or Economic Downturn. In the report we've listed ten effective, proven, practical keys for maintaining profitability-with the latest, best information and advice direct from one of the world's largest management consulting groups focused on helping companies increase corporate revenue capture that will help you answer those questions."
Anyone wishing to receive the complementary special report titled "10 Tips to Grow Your Business in a Recession or Economic Downturn" can visit this special link http://growth.thecxogroup.com to download this invaluable special report. Alternatively, you can contact us by email at info@thecxogroup.com or call (972) 727-6880 to request a copy.
The CxO Group specializes in CEO Coaching and Business Performance Improvement by integrating financial management, strategies, marketing, and sales tactics to maximize corporate revenue growth. We use a copyrighted methodology to advise CEOs on action steps to take to grow revenues, consult with management staff on best practices and train sales and marketing teams on tactics and strategies that put your business value in front of you so your prospects see you differently than your competition and take action steps to buy.
"A recession is when your neighbor is out of work. A depression is when you are out of work." Rick Erling - President, The CxO Group, LLC
- Related Videos
- Related Articles
- Ask / Related Q&A
- The Secret to Sales Marketing Success
- Simple Garage Sale Marketing Trick
- Sales Marketing: What You Need To Know
- Direct Sales Marketing Training: How to Sky Rocket Direct Sales Profits by 50% With Two Simple Words
- New York City Sales & Marketing Executive Jobs. Are you looking for a sales and marketing job in NYC?
- Direct Sales Marketing (the Marketing Mode of the Future)
- How to Do Effective Direct Sales Marketing
- How to Do Effective Direct Sales Marketing
Give up all your excuses
By: Iyer Subramanian | 03/01/2010If you really want to create a purposeful life, then you are going to have to take 100% responsibility for your life as well. This means giving up all your excuses, all your victim stories, all the reasons why you can't and why haven't up until now, and all your balming of outside circumstances.
People Skills - Are They Born or Made?
By: Robert Tanner | 02/01/2010Managers usually are promoted for their technical skills. Having technical skills does not mean one has people skills, however. Technical skills will take a manager only so far in their career. Without people skills, their progress will be limited. This leads to the question, Are People Skills Born or Made?
Managing A Restaurant Effective- Fire In The Kitchen
By: Santos Jarvis | 02/01/2010One area that many restaurant managers do not get as involved in their management as they should is food prep. This sounds a bit far fetched, but bear in mind that some of the largest fast food and other restaurant franchises have one thing in common: all have a very consistent menu. The way that they do things, is the way that they have always done things- and the public likes that. If you want to see an increase in your profits, whether you're managing a local mom and pop diner, to a...
Safety Awareness for Hotel Workers
By: Nikunj M Patel | 01/01/2010hotel workers who do a lot of house keeping work always have to lift heavy objects or be constantly exposed to cleaning chemicals. For instance, the act of changing bed sheets requires the hotel work to bend down, lift the mattress up with both hands, and slip the sheets under the mattress. Mattresses are considered heavy objects, especially if one has to repeat the same movements several times a day. If not careful, this seemingly harmless act can lead to severe back injuries.
Middleman System New Review December 31st
By: Clare Clements | 31/12/2009Aymen and his team at former Arbitrage Conspiracy have released Middleman System on December 17th, through a Special Webcast ,with Guesr Brian Tracy what is to be the Biggest Launch in the Internet marketing History.
Why Virtual CFOs Have to Be Better, Faster and Smarter
By: Scott A. McPherson, CPA, CFG, CVA | 31/12/2009There’s no doubt that the realm of the CFO has shifted dramatically. And by some economic and marketplace indicators, dynamic virtual CFOs, especially those who specialize in partnering with small and mid-sized businesses, could become the next generation of chief financial officer professionals. That is, as long as those virtual CFOs stay better, faster and smarter.
ERP Software: Increase the Efficiency of Your Engineering Department
By: S. Daggle | 31/12/2009Manufacturing companies rely on their engineering department in order to secure a profit. While the sales department initiates leads, the engineering department is in charge of creating products and filling orders which ultimately results in the sale and revenue. This means that the efficiency of your engineering department directly affects...
How Do I Earn Extra Incomes - Extra Incomes With Style
By: Rok Pisek | 31/12/2009Do you need extra income and are you willing to have it? We are talking about extra income to develop your lifestyle level or even to give a chance to quit your current work and start to work on internet which can make your life easier. Of course there exists many...
10 Tips to Grow Your Business in a Recession or Economic Downturn
By: Rick Erling | 22/10/2008 | ManagementAt times like these many companies prefer to move into a survival strategy to ride out the storm. Survival strategy, while conservative, has one underlying problem. In today's hyper-connected economy things can unravel quickly, and when your business is not growing and improving it is falling behind and headed for extinction.