‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ Scott Shane has now a few suggestions on what can entrepreneurs do to deal with the credit crisis. And I love his first point on there about extending less credit which will in fact teach teach consumers to buy only what they can afford.

Well his suggestions are:

  1. Extend less credit to your customers
  2. Borrow from different sources
  3. Bootstrap or Raise equity
  4. Cut your costs
  5. Sell your assets

Check out the details of each key point mentioned above in his article at Small Business Trends.