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Resilient Entrepreneurs Get Savvy

According to a survey conducted by American Express Open, 77 percent of small business owners believe that the recession is improving their managerial acumen. The survey, using data from 727 respondents, suggests that entrepreneurs with their reputation for resilience, are facing the challenges head-on. Rather than giving in to the pressures of the economic downturn, they are demonstrating their tenacity, finding new strategies to streamline their businesses.  In ‘boom’ times, the demand for products and services is high and businesses tend to prosper with relative ease, but in a recession …

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