Is Business Slow? Form an Alliance!By Nina Kaufman, Esq.
What do you do when facing a recession? Lori Williams has some ideas in her blogpost, “Recession — Who Knows?” She points out that in a down economy, a company in a less-than-ideal financial position will be hampered in its ability to get outside capital. A solution? Consider innovating through a strategic alliance or joint venture. This could allow your company to “reorganiz[e] without a substantial reinvestment of funds.”