By the Bootstraps

The dog days of summer were typically the time small businesses across the nation would unwind. But thanks to the recession, more businesses are taking what used to be their vacation time to plot for future success, according to an article on Breaking News 24/7.

The slow days of July and August have always given small business owners an opportunity to tackle some of the chores that may get a lower priority the rest of the year, such as installing new software, painting the office or writing employee manuals.

It would appear from this article, taking a break during a recession is tantamount to losing your competitive edge. As many of the small business owners I’ve spoken to remind me, owning and running a store is a 24/7 job. The article says that since there are some positive economic indicators hinting that we may have passed the worst of the Great Recession, many businesses are using this time to act like the ant from the fable and store for the winter. Smart idea considering loans and outside capital, , are hard to come by.

Photo credit: “vacation cliche”

Tags: National News, National Trends, Obama, Recession, Small Businesses, Strategies

This entry was posted on Tuesday, August 11th, 2009 at 5:59 pm and is filed under Miscellaneous. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.