recession Archives - onSMB https://www.onsmb.com/tag/recession/ Everything on Local Small Business Tue, 27 Feb 2024 12:32:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/www.onsmb.com/wp-content/uploads/2024/03/cropped-onsmb-icon-512-1.png?fit=32%2C32&ssl=1 recession Archives - onSMB https://www.onsmb.com/tag/recession/ 32 32 51682571 10 Strategies for Local Businesses Amid Recession https://www.onsmb.com/2024/02/27/10-strategies-for-local-businesses-amid-recession/ Tue, 27 Feb 2024 12:32:50 +0000 https://www.onsmb.com/?p=2804 In times of economic recession, local businesses face significant challenges to staying afloat. However, with resilience and strategic planning, these businesses can not only survive but also thrive. Here are some effective strategies for local businesses to navigate through recessionary periods: 1. Diversify Revenue Streams One key strategy for local businesses is to diversify their

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]]> 2804 Small Business Owners: Stop Ranting and Start Hustling! https://www.onsmb.com/2013/07/15/small-business-owners-stop-ranting-and-start-hustling/ Mon, 15 Jul 2013 07:00:15 +0000 http://www.onsmb.com/?p=399 I’ve visited several cities and towns in East Java with my family to visit a couple of relatives. Along the way, I can’t help but notice thriving small businesses. Then it struck me… these businesses are thriving without proper support from the government. Indeed, in Indonesia, despite the fact that micro lending flourishes, access to

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