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FSB and ASC Finance for Business release five top tips to beat the credit crunch PDF Print E-mail
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Sunday, 27 July 2008
The Federation of Small Businesses (FSB) has joined forces with ASC Finance for Business to help small businesses beat the credit crunch. Small businesses are being urged to follow five top tips to cope with the credit squeeze and protect their businesses as the economy slows.

The FSB and small business finance consultants, ASC Finance for Business highlight the pitfalls to avoid with some good old-fashioned business advice.

The top tips are:

• Financial flexibility – deal with more than one bank;
• Focus on your unique selling points – work hard to get lucky;
• Plan ahead – failing to plan is planning to fail;
• Manage your costs – do something different; and
• Seek professional advice - don’t be afraid to ask for help.
 
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