Credit Lust - Business Perspective on thriving or surviving the Credit Crunch

BUSINESS OWNER

This section deals with a Business Owner's view of the credit crunch.

Here are the goals

Retain existing income or improve income
Identify what parts of the business are profitable and which are not
Identify which products and services are profitable and which are not
Improve the return on your assets
Improve your management of costs
Identify what opportunities exists to expand through acquisition

Blog Posts

Does Fred Goodman deserve a £650,000 a year pension? 1 Mar 2009, 9:46 pm

Maybe, had Sir Fred Goodman retired two years ago when the price of Royal Bank of Scotland share was 705p and RBS was worth £65 billion, then a £650,00 year pension might have be understandable. At that point in time he had led the bank to a successful takeover of National Westminster Bank and pleased [...]

Step aside Prime Minister. The President will save the World 26 Jan 2009, 3:04 pm

Gordon Brown believes he may have saved the world last November with his global anti-recession package but it is time for him to step aside, and play Robin to Obama’s Batman to finish the job. [Sorry Gordon, it is back to being number two, which is where you perform best] Let’s look at Obama’s plan [...]

It’s Official: The UK is in recession (and it’s a deep one) 23 Jan 2009, 1:05 pm

GDP falls steeply by 1.5% With today’s figures indicating that the Gross Domestic Product fell by 1.5% over the last three months coupled with the previous quarter’s drop of 0.6% meant that the UK is finally officially in recession after two quarters of negative growth. Here is the breakdown Construction output – down by 1.1 [...]