10 Books to Recession-Proof Your Life
May 24, 2009 by Lela Davidson
Filed under Corporate Finance
Does your life need a little recession proofing? Fortunately there is no shortage of information about how to recession proof various aspects of your life. I’m not sure if that’s possible, but if the recession is live ammo, these books are Kevlar.
1. 150 Best Recession-Proof Jobs, by Laurence Shatkin and Jist
This unveils the most secure and high-paying jobs in good times and bad times. In just two steps, this book helps readers focus their career options and learn more about secure jobs that interest them.
First, reader explore 75 lists that rank the best recession-proof jobs according to pay, growth, openings, …read more
Top 10 Recession Proof Financial Jobs
May 19, 2009 by Lela Davidson
Filed under Corporate Finance
Accounting and finance jobs may not be recession proof, but certain financial positions are safer during tough times and corporate downsizing. The U.S. Bureau of Labor Statistics listed accountants and auditors rank in the top 20 occupations with the most demand for 2006-2016. And Diane Borhani, head of campus reporting for Deloitte told Forbes recently:
“Tax work, auditing, preparing company’s quarterly reports and all of that still goes on, tough economy or not. These things happen no matter what.”
With that in mind, here in no particular order are Bizzia’s Top 10 recession Proof financial jobs:
1. Financial Accountant
Even down to entry level positions, …read more
Moody’s Pulls Rating for Major Publisher
May 18, 2009 by Lela Davidson
Filed under Corporate Finance
Publishing is being hit hard by a declining economy and rapidly changing technology. However, you’d think a publisher of textbooks would be somewhat ‘recession proof’. Not so. Moody’s last week withdrew its credit ratings for Houghton Mifflin Harcourt HMH), one of the biggest educational publishers in the US.
Moody’s, which measures and rates businesses’ ability to repay their debts, said that it would withdraw rating for all of HMH’s debt securities, believing the company’s debts are high risk. The result to HMH will be higher borrowing costs. The Boston, Massachusetts based firm has annual sales of approximately $2.1 billion.
According to the …read more
Bic Pens: Fifty Years at the Same Price
May 13, 2009 by Lela Davidson
Filed under Corporate Finance
How do you keep the price of your product constant for fifty years? The Bic Cristal ballpoint pen is still sold at an average cost of 19 cents per pen. That’s the same as they sold for in 1959 when they were introduced. So how does Bic manage to keep these staple office supplies so inexpensive?
It must be volume. The company sells about 146,000,000 of those simple pens every year. And of course they’ve branched out into other products as well, including lighters and shavers.
But despite an inflation rate of 622% since the birth of the Bic, the price of the pen has …read more
Open to Change or Closed for Business
April 10, 2009 by Kim Beasley
Filed under Leadership
How can your recession proof your business to ensure that you don’t end up closing your business? Try implementing change into your business. I’ve been in business for several years and have found that if you are not open to change then you could be faced with the challenge of keeping your doors open.
There are many things that you can look at in your business that you might need to change in order to recession proof it and keep your doors open. The list below is a start list of things that you can do to help change the way …read more





