I recently spoke to Claire Dalton of Dungarvan Brewing Company which is a relatively new company started in a recession and proving to be very successful.





Comments


Written by HeatherStone
3392 days ago

Sian,

I read somewhere that companies founded during a recession tend to be stronger no matter what the economic climate because they have a unique approach to managing resources imprinted on their company DNA. I wonder if you detected anything like that at the Dungarvan Brewing Company that other business owners could emulate.



Written by HeatherStone
3390 days ago

Hi Sian,

I think a conservative bootstrap approach with emphasis on careful monitoring of cash flow is something all these companies share in common...and should be a mark of any successful business, for that matter.



Written by Sian Phillips
3390 days ago

Thanks for the comment Heather. From what I saw at Dungarvan Brewing Company they have taken everything in small steps and only spending within their means. They started on a small scale and have added as they go to suit their budget. Seems like they don't take anything for granted maybe



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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!
Share your small business tips with the community!