Sunday, November 9, 2008 at 07:23 AM

The fastest way to lose in a down economy is to ignore the obvious...new demand is almost non-existent and your competition will lower price and do everything they can to steal your fan base. Steady as you go and trimming expenses will not get the job done. On the other hand, you have an excellent chance of survival if you can retain your current customer base without getting into a price war.