Managing efficiently business, HSBC Ltd , London has made certain
rudimentary management practice by which it will be possible for
all the small and medium size business should take a control in
these turbulent times.
The basic principals are very simple.
1.Manage your Cash Flows: Liquidity Crunch can be dangerous.
2.Cutting Cost: Cost Cutting is the buzzword for all big
3.Sales & Marketing: Additional breather, innovation in
marketing with minimum expenditure.
4.Building Relationship: Marketing is Business.
Business is relationship building. Put proper focus on relationship
building. Bad times will be over, but relationship will stay on.
It’s an investment for long term benefits.
5.Opportunity Seeking: Right time too seek opportunity
and exploit it. Big opportunity can slip out from hands if you are
All investment bankers, merchant bankers advice their
clients on these lines.