Tough Economic Times

As well all know, America is in the current state of a recession. Many different industries are experiencing drastic budget cuts and layoffs in retail, corporate, and small business firms. According to a survey conducted by the American Society of Landscape Architects: when comparing the fourth quarters of 2008 and 2007, 66% reported lower billings and 75% reported reduced inquiries. In addition, 87% of the respondents were not planning to hire additional employees.

With the decline of disposable income in government agencies, business firms, and society as a whole, how do landscape architecture firms stay afloat? Besides cutting both minor and major operational costs, or perhaps moving from a larger office to a smaller and less expensive office;  what changes need to be made to stay ahead of the competitive landscape architecture industry when there are little to no resources to spend?

To check out more surveys conducted by the ASLA click here

 

Please share your comments, concerns, and tips!

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