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Lessons From Past Recessions

Success

For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months.

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Top Five Tips for Paying Yourself

The Small Business Blog

Salary and bonuses are taxed differently to dividends. If possible, get some advice from your accountant regarding the level of pay you plan on taking from the business. Research the going rate for CEOs in your industry. Learn about how your company structure affects pay. Don’t pay yourself too much or you will harm the company.

2007 100
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Small Business world News Round-up - 2009/10/27

The Small Business Blog

Here’s how to tell if your salary is sound. Do you earn what you should? Some entrepreneurs chronically pay themselves too little; others, way too much. Kelly the Intern: Angel investors and Green guidance : PROFIT’s crack researcher explains how to get notices by angel investors and where companies can get money for going green.

2009 100
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Reducing Overheads Can Save A Business | THE SMALL BUSINESS BLOG

The Small Business Blog

Back in time I build my factory in China at nearly zero cost – steal building, low salaries and no debt, in depressed market this is the way to survive and succeed. It was always uncontrolled growth without thinking that there is a million in company overhead every month. Digg Furl Netscape Yahoo! Digg Furl Netscape Yahoo!

2010 100
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New Small Business Startup Idea: Virtual Import/Export Assistant.

The Small Business Blog

Stefan Justine Curtis Said on May 1st, 2008 at 3:11 pm What a great idea for a multi-lingual virtual assistant. Wine Aerator Said on July 28th, 2008 at 11:29 am The business growth is extremely necessary. The average salary in her country is $200-$300/month. This is a great idea and I’ll certainly suggest it.

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