MBA Spotlight
LDSJournal.com
Family History and Personal Development
 Journaling is the first step in keeping your Family History. The work you put forth today will only preserve your legacy and make recording family history easier for your posterity. While finding out more about your ancestry is very important, making sure you do the work for yourself is of equal importance. So, check out LDSJournal.com today and discover a better, more effective way to record those moments you want to remember forever.
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About Mormon Business Associates
 Notes from the January MBA Meeting "The 10 Big Mistakes Businesses Make in a Down Economy"$0$0The Panel presented the 10 best solutions to avoid the 10 Biggest Mistakes.$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$01. Get a credit line before you need it. A credit line can help a company weather a storm created by a lull in the economy.$0$02. Keep Advertising! Most companies cut advertising first when re-aliening budgets. if a competitor shuts their doors, then those customers are prime targets as a new customer to you. This available customer can help your company survive a down turn, but only if you Capture them in that moment of flux.$0$03. Get Invoicing out in a timely manner. The longer you wait to invoice a company, the less likely you are to collect your money. $0$04. Get customers to feel good about your business. People are more interested in People and less interested in things or offers in a down economy.$0$0Network. Network, Network, cast you net as wide as possible, those you meet have influence over 10 or more friends who can also be customers.$0$05. Keep Moving! Don't allow yourself to buy into the mood of a down economy. This down turn could last 5 years, if you buy in, you will die. $0$06. Work to create a Referral business model. Referrals are the best protection against a down economy, customers want to know where they choose to place hard earned dollars will be money well spent. $0$07.Be careful of the internet, it can be as destructive as it is effective. One bad review on the internet by an unhappy customer can harm your business for years to come. The Internet is an information resource, not a replacement for branding and getting the word out. $0$08. Look at your companies tax structure. Ask your accountant and your attorney to review your structure to ensure your are properly designed to take advantage of the tax codes with relationship to the health of your business. Whether it you are a S Corp, LLC or doing Estate Planning, all can have a dramatic effect on how you survive during down times.$0$09. Take this time to go to school and get and education. regardless of age or statue, there is something to be learned and a place where you can learn it. $0$010. Go back to school, keep learning. It is never too late to add business skills. $0
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Join the MBA
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Schedule of Events
01/14/09,
12:00 PM - 2:00 PM