Topic : surviving the economic downturn

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Operations| August 17, 2011

Operator Unsure If Latest Expansion Will Work

Kristina Bouweiri is quoted in a Washington Post article about how businesses are holding back on hiring and growth.

Industry Research| July 18, 2011

Operators Confront Mixed Economic Signals

Two New York limousine services are combatting a slowdown by dropping summer prices, promoting corporate deals, and adding a fuel surcharge.

Operations| February 2, 2010

Let’s Make a Deal: Swapping to Save Costs

In a down economy, trading can be an inexpensive way to get the company name out to potential clients. “You can give away a small amount to get a major impact to a targeted audience if you’re smart,” says Ben Bloch, managing partner of the Los Angeles-based company, a 2010 LCT Operator of the Year finalist.

Operations| January 8, 2010

Partnering With Your Competitors Can Boost Revenues

Economic conditions have forced many operators to run lean. Vehicles that once ran regularly often sit idle, not earning any money. In this environment, finding the right fleet size is the priority of every successful operator who needs to cut costs, stay above break-even, and maintain quality service.

Operations| January 8, 2010

Pricing Your Services for Tough Times

Operators are dropping minimums and layering their prices and vehicles to get the most business possible as clients cut or reduce transportation budgets and services. LCT spoke to operators about their views on creative pricing strategies.

Operations| August 21, 2009

Pay Up Time

With corporate clients and affiliate networks stretching you out, and even friends who farm work between companies, it seems that no one is paying their bills on time. Whether you must pay your bills or are owed for service rendered, the recession seems to be holding up all money. Learn survival techniques when nobody can afford to pay unless they get paid.

Operations| May 6, 2009

COMMENTARY: More Than Ever

Lancer Insurance VP Randy O'Neill explains what American patriot Samuel Adams can teach limousine operators about managing operations during these difficult economic times.

Vehicles| December 1, 2008

Take Advantage of Fuel Price Plunge, Before It Comes Back Up

Silver Lining Lesson #2: Take advantage of fuel-price plunge. This lull in gas costs may be temporary, but it may also provide a “quiet time” to re-evaluate your fleet mix.

Industry Research| May 1, 2003

The Limo Industry’s TOP 20 Issues in 2003

The chauffeured transportation industry faces in 2003, as it has in years past, a variety of daunting challenges. The following are the top 20 issues facing the industry, as determined by LCT and members of its Editorial Advisory Board.

Operations| May 1, 1996

Publisher's Page: Upscale Transportation In-Line with an Economy on the Move

Limousine services should at least not be hit as hard in the future by depressed economic times.

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