P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA ii P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA DUCK AND (RE)COVER i P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA ii P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA DUCK AND (RE)COVER The Embattled Business Owner’s Guide to Survival and Growth STEVEN S. LITTLE JohnWiley&Sons,Inc. iii P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA Copyright(cid:1)C 2009byStevenS.Little.Allrightsreserved. PublishedbyJohnWiley&Sons,Inc.,Hoboken,NewJersey. PublishedsimultaneouslyinCanada. Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmittedin anyformorbyanymeans,electronic,mechanical,photocopying,recording,scanning,or otherwise,exceptaspermittedunderSection107or108ofthe1976UnitedStatesCopyright Act,withouteitherthepriorwrittenpermissionofthePublisher,orauthorizationthrough paymentoftheappropriateper-copyfeetotheCopyrightClearanceCenter,Inc.,222 RosewoodDrive,Danvers,MA01923,(978)750-8400,fax(978)646-8600,oronthewebat www.copyright.com.RequeststothePublisherforpermissionshouldbeaddressedtothe PermissionsDepartment,JohnWiley&Sons,Inc.,111RiverStreet,Hoboken,NJ07030, (201)748-6011,fax(201)748-6008,oronlineathttp://www.wiley.com/go/permissions. LimitofLiability/DisclaimerofWarranty:Whilethepublisherandauthorhaveusedtheirbest effortsinpreparingthisbook,theymakenorepresentationsorwarrantieswithrespecttothe accuracyorcompletenessofthecontentsofthisbookandspecificallydisclaimanyimplied warrantiesofmerchantabilityorfitnessforaparticularpurpose.Nowarrantymaybecreatedor extendedbysalesrepresentativesorwrittensalesmaterials.Theadviceandstrategiescontained hereinmaynotbesuitableforyoursituation.Youshouldconsultwithaprofessionalwhere appropriate.Neitherthepublishernorauthorshallbeliableforanylossofprofitoranyother commercialdamages,includingbutnotlimitedtospecial,incidental,consequential,orother damages. Forgeneralinformationonourotherproductsandservicesorfortechnicalsupport,please contactourCustomerCareDepartmentwithintheUnitedStatesat(800)762-2974,outside theUnitedStatesat(317)572-3993orfax(317)572-4002. Wileyalsopublishesitsbooksinavarietyofelectronicformats.Somecontentthatappearsin printmaynotbeavailableinelectronicbooks.FormoreinformationaboutWileyproducts, visitourwebsiteatwww.wiley.com. ISBN978-0-470-50490-1 PrintedintheUnitedStatesofAmerica. 10 9 8 7 6 5 4 3 2 1 iv P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA FormyFather,RobertPalmerLittle (aka“BobtheNavigator”) whoneversteers mewrong. v P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA vi P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA Contents Introduction StarkRealities 1 SECTION I PRESSINGIMMEDIACIES 13 Chapter 1 WhatIsYourReality? 17 Chapter 2 TriageandTourniquets 31 Chapter 3 AllHailtheCashKing 39 Chapter 4 KeepYourCustomers 53 Chapter 5 PlanforAction 63 Chapter 6 TRUSTandYourPeople 71 Chapter 7 EnlistOutsideExpertise 79 Chapter 8 MaintainYourMarketing 87 Chapter 9 PriceforProfit 99 SECTION II GROWTHOPPORTUNITIES 111 Chapter 10 GetOutofYourBunker 115 Chapter 11 FillMarketVacuums 125 Chapter 12 PartnerforProfit 135 vii P1:OTA/XYZ P2:ABC fm JWBT143-Little May16,2009 12:14 PrinterName:CourierWestford,Westford,MA viii Contents Chapter 13 PursuePotentialAcquisitions 147 Chapter 14 PutBetterToolstoWork 155 Chapter 15 GreenisGrowing 163 Chapter 16 CatchaFallingStar 169 Chapter 17 TraintheTalented 179 Chapter 18 RevisittheRules 189 Index 199
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