The recent announcement of the LinkedIn IPO is a big reminder that not all businesses fail during a recession. As we've seen, companies can survive just fine. They can even thrive in an economic downturn as long as they make smart business decisions and go with the needs of the changing market.

Sure, you could say that LinkedIn was in the right place at the right time. They were ready when the unemployment rate shot up, and more people were looking for work. But they also had diversified their revenue sources unlike some of their competitors. Not only did they receive income from ads, but also from premium subscriptions and recruiting services...

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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!