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February 24th, 2009 |
Hello fellow WHTers!
Finding a balance.
Things are tough all over. The global recession is impacting nearly everyone to some extent . But I firmly believe that we'll all pull out of this just fine. Some will fare better than others. But we'll all prosper in the end.
Many of you know I flip cars. I've discussed it in the newsletter before, and I've mentioned it on the forum. I had been expecting to purchase cars a lot cheaper than I'd been able to in the past. But I just haven't seen that happening. The used car market seems pretty stable. And, if it's an economic indicator, there is no economic emergency. Of course, it could be that the used car market is strong because the new car market is weak. But I believe the economy will right itself. We'll find what works and get everyone working. Even when things are going bad, there are other things that are going well.
Some people find profit and opportunity through diversifying their business. Others find it by adjusting their margins. Our first featured thread focuses on how providers are finding a balance between increasing costs and not raising their own prices.
Did I mention that we're Twittering at @WebHostingTalk? Well we are. And I just did - again.
See you on the forums!
As a provider, how are you dealing with the recession? Member 
