To raise or lower sails
Business tips to get through the crisis and even take advantage of the opportunities that arise in complicated times.
Friday, December 26, 2008
Uruguay is a country with an economy that is similar to some central american nations, boasting businessmen with considerable experience in financial and economic crisis. A seminar organized by the Institute of Business Studies (IEEM) from the Montevideo University, provided interesting conclusions on the best way to get through this economic crisis.
Will the economy die? Not necessarily. This is a moment of change, and with change comes new opportunities.
Seven strategies that, applying Darwinian maxims, Guatemalan businesses are implementing in order to overcome these times of crisis.
A comparison between the crisis in the United States in 1929 and the one occurring now in Greece clearly shows that the sooner the costs of an exit from the crisis are assumed, the less time will be spent suffering from the measures taken to overcome it.
The reduction in costs due to the economic crisis has increased the opportunities for investment in the tourism sector.
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