Profit Duck

Choosing the best strategy during a recession is a vital aspect of business. You need to be able to cope with the implications that a recession introduces; to do this a plan of action is vital. This could be a plan of attack, or a plan of defence. But how do you decide which strategy [...]

It a tough time for everyone in a recession, there are decisions to make and information to analyse. A decision that people always seem to make during a recession is to lower prices. This is done because by lowering prices, you are able to attract more attention to your product, because it is cheaper and [...]