• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
Big Ideas for Small Business logo

Barbara Weltman

Big Ideas for Small Business, Inc.

Whitepaper download

Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."

This field is hidden when viewing the form
Get the:

  • Home
  • About Us
  • Big Ideas For Your Business
    • Idea Of The Day ®
    • SMB Legal
    • SMB Taxes
    • SMB Financial
    • Small Business
    • Newsletter Archive
  • Services
  • Books
  • Blog
  • Multimedia
    • Videos
    • Radio Shows/Podcasts
  • Be a Guest Blogger

Less Is More in Recessionary Times

September 15, 2022 / By Barbara Weltman

Less Is More in Recessionary Times

The saying “less is more” is attributed to Lugwig Mies Van Der Rohe, one the founders of modern architecture. He promoted simplicity of design. The concept of simplicity may be a good one in this period of recession. Simplicity in your business can give you more time to do needed activities, reduce stress, and help you weather the economic challenges faced today.

Here are some ways you—the small business owner—can use this philosophy in your business now.

Make time

Making time is a weird expression, since time can’t be created. What can be done is optimizing the time you have and simplify your day. Some ideas: reduce the number of meetings, limit the length of the meetings you do have, and restrict the tasks you hope to accomplish each day. Most importantly, focus on what’s important, or at least prioritize your activities. You don’t have to do it all.

Another way to make more time is to let someone else do it…whatever “it” is. Consider a virtual assistant to help you with scheduling, responding to email, creating presentations, or any other activities that can be turned over to someone else, giving you more time for the things that only you can do.

Optimize technology

While technology is complicated—especially for boomers like me—its use results in simplicity for operations. Putting everything online centralizes your business information and makes it easily accessible to you and your staff. Technology can be used for financial and accounting purposes, customer relations (CRM), tracking employee hours and activities, marketing activities, collaborating on projects, and so much more.

Utilizing technology involves some financial commitment and usually there’s a learning curve. But in the long run, technology makes things easier.

Stick with what you do best

A recession may not be the best time to expand into uncharted areas that require you to learn things. Simplify your schedule by concentrating on your current, familiar operations.

Keep your current staff

Do what’s needed to retain your workers. If you don’t, you’ll have to recruit and then train new ones.

You might also hold off on hiring additional staff, even if your business could benefit from having more help. Consider using independent contractors to be sure that more labor is permanently needed. Another option: temp workers hired through agencies. Both of these options avoid additional payroll taxes, integrating workers into company culture, and a long-term commitment that may be hard to keep if business declines during this recession.

Outsource what you can

The less you have to oversee in-house, the simpler your day will be. Consider outsourcing HR functions, such as managing employee benefits and doing payroll. Yes, it costs money to use a payroll company. But the advantages include: more time for you to devote sales activities and planning and the assurance that these functions get done right.

Clean house

Clutter costs time. As noted by Harvard Business Review, clutter also adversely affects your brain and mental health. Whether the clutter is in your workplace, your warehouse, or your computer, having things unorganized, outdated, and just messy costs you time, effort, stress, and anxiety when you need to locate something. Invest some time in clearing out outdated things. For example, perhaps you’ve clipped or bookmarked an article you planned to read. Well, read it now or get rid of it; having it hang around just gets in the way.

Final thought

Henry David Thoreau famously said: “Our life is frittered away by detail. Simplify, simplify.”

Sure, business is all about details and this can’t be ignored. But there’s room for simplifying. Doing this may go a long way in helping you run your business better.

Tags business owners optimize technology recession reduce stress small business

Primary Sidebar

Categories

  • General Business (505)
  • Guest Blog (113)
  • Homepage (20)
  • Small Business (1,000)
  • SMB Financial (326)
  • SMB Legal (66)
  • SMB Taxes (326)

Barbara’s Recent Posts

  • Creating a Feng Shui Office Layout for Your Business June 20, 2025
  • Scaling Your Business by Optimizing Social Media Marketing June 19, 2025
  • The Timeless Value of Business Cards in a Digital World June 18, 2025
  • What Does the Latest IRS Data Book Tell Us? June 17, 2025
  • Business Advice from Famous Dads June 12, 2025
  • How Important Is Higher Education for Small Business Owners June 11, 2025
  • Business Planning in a Period of Uncertainty June 10, 2025
  • 9 Smart Financial Decisions for Business Owners in Retirement June 6, 2025
  • Preview of Tax Changes this Year: Actions to Take Now June 5, 2025
  • Becoming Penniless: What Does this Mean for Your Business? June 3, 2025
  • Scale Your Business by Stepping Up IP Protection May 29, 2025
  • Disasters Happen: It’s Important to Be Prepared Now May 27, 2025
Awarded Top 100 Small Business Blog medal (link will open in a new window or tab)
Marquis Who's Who 2023 Badge
Top Small Business Blogs (Link will open in a new window or tab.)
8 Financial blogs small business Owners Need to Read. Invoice home.  (link will open in a new window or tab)
Best Small Business Blog, Expertido.org
Top 50 Small Business Blogs 2018
Best Small Business Blogs
BizHumm Top 100 Business Blog Award to Barbara Weltman
FitsSmallBusiness.com: Award for Best Small Business Blog 2017 (link will open in a new window or tab)
FitsSmallBusiness.com: Award for Best Small Business Blog 2016 (link will open in a new window or tab)

Footer

Big Ideas for Small Business logo

Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

Contact Us

[email protected]

(772) 492-9593

gacor maxwin situs slot thailand terpercaya situs slot gacor situs gacor akun pro thailand slot bandar togel terpercaya

Latest Tweets

bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 21

Become a Fiverr Affiliate | Fiverr Partnerships https://bit.ly/45a2lke

Reply on Twitter 1936530391491383802 Retweet on Twitter 1936530391491383802 Like on Twitter 1936530391491383802 Twitter 1936530391491383802
bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 21

Disasters Happen: It's Important to Be Prepared Now #smallbusiness #hurricaneseason #disasters #preparedness https://bit.ly/3HbQWXc

Reply on Twitter 1936494430531293291 Retweet on Twitter 1936494430531293291 Like on Twitter 1936494430531293291 Twitter 1936494430531293291
bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 21

What Does the Latest IRS Data Book Tell Us? - #smallbusiness #smallbiztaxes #IRSdata https://bit.ly/4kObxQj

Reply on Twitter 1936470710517457042 Retweet on Twitter 1936470710517457042 Like on Twitter 1936470710517457042 1 Twitter 1936470710517457042
Load More

Copyright © 2008–2025 Big Ideas for Small Business, Inc  |  Designed by Hudson Fusion

  • Privacy Policy
  • Sitemap