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How to not screw up

Helpful reminders for small businesses as the recession ends

Gazette staff June 1st, 2011

Now that the economic recovery is well under way, this is not the time to screw up a small business, warns Jim Muehlhausen, CPA and author of “The 51 Fatal Business Errors and How to Avoid Them.”

With small businesses comprising 99.7 percent of all employer firms, he said it’s important owners follow these six pieces of post-recession advice:

—Focus on your business model, not the economy.
—Don’t make dramatic changes.
—Stop fretting about the bad times; look at the long term.
—Buy a weaker competitor while prices are low.
—Take time to tune up your business model.
—Ignore Web 2.0 at your own peril; it’s more than just Facebook and Twitter. —Gazette staff

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