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	<title>sephone blog &#187; ClickMe Video</title>
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		<title>What is the First Thing Most Businesses Do When the Economy Takes a Turn for the Worst?</title>
		<link>http://blog.sephone.com/2008/09/26/what-is-the-first-thing-most-businesses-do-when-the-economy-takes-a-turn-for-the-worst/</link>
		<comments>http://blog.sephone.com/2008/09/26/what-is-the-first-thing-most-businesses-do-when-the-economy-takes-a-turn-for-the-worst/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 21:25:19 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[ClickMe Video]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[Bail-out]]></category>
		<category><![CDATA[Cut backs]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[longevity]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Tommy Flanagan]]></category>
		<category><![CDATA[viability]]></category>

		<guid isPermaLink="false">http://blog.sephone.com/?p=70</guid>
		<description><![CDATA[The other night, our President came on TV to explain this $700 Billion bail-out the U.S. Government was unveiling to help stimulate our economy and bolster troubled financial institutions until things right themselves.

&#8220;Honey- these times are a changin&#8217;&#8221;

If this wasnt the icing on the cake to every homeowner and business owner that &#8220;Honey- these times [...]]]></description>
			<content:encoded><![CDATA[<p>The other night, our President came on TV to explain this $700 Billion bail-out the U.S. Government was unveiling to help stimulate our economy and bolster troubled financial institutions until things right themselves.</p>
<blockquote>
<p style="text-align: center;">&#8220;Honey- these times are a changin&#8217;&#8221;</p>
</blockquote>
<p>If this wasnt the icing on the cake to every homeowner and business owner that &#8220;Honey- these times are a changin&#8221;, then I don&#8217;t know what it could be.  No-  I am not naiive.  I watch the news, I read the Blogs-  yes, the times are different now.  Oil costs are high and Winter temperatures are coming and all- I know what is happening-  If there is any good in this its that we are all in this together- and together we need to figure out how to make it better.</p>
<p>Is the Bail-out that answer?  I don&#8217;t know-  I was thinking why not atleast extend the opportunity to allow the foreclosed-ees to pay what they can- instead of having Uncle Sam take the entire nut?</p>
<p>How do we keep the economy growing when we have mortgage, oil and grocery bills to pay?  What should we do?</p>
<blockquote>
<p style="text-align: center;">In the words of the great 21st Century Philosopher Tommy Flanagan&#8230;<br />
&#8220;Cut Back, yeah that&#8217;s the ticket!&#8221;</p>
</blockquote>
<p>Cut Back!-  That&#8217;s the ticket-  Yeah-  Cut Back!  Stop spending money on the kids braces, don&#8217;t fix the leaky roof, don&#8217;t buy those shoes you need.</p>
<p>WRONG!</p>
<p>Those are necessities-  Those are products and services you need to keep going! Now and in the future.<br />
If you are a business owner and you adopt that mentality- the first thing you would cut back on is Advertising &amp; Marketing.  Right?-  It is a luxury area!-</p>
<p>WRONG!</p>
<p>Those are necessities too!-  Those products and services are vital to keep your business going and growing.  Your online presence is part of Advertising &amp; Marketing of your business-  the last thing you want to do is to remove yourself from the public eye.</p>
<p>Businesses are unfortuately struggling now, and some will go away.  But if your business is competitive and viable- you need to stay  Top of Mind-</p>
<p>In order to do this you need to maintain your presence.  Grow it- Show that your business is thriving and going to be around when the market settles down.</p>
<p>I don&#8217;t mean unnecessary media buying or frivolous web components-  Let&#8217;s be smart about this-</p>
<p>Use your heads, don&#8217;t apply knee-jerk tactics- Do your homework and be smart-</p>
<p>Do what you can, seek out advice if necessary.  The bottom line here is stay visible and demonstrate longevity.</p>
<p>That is my opinion, I am interested in knowing yours.</p>
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