Small Business Companies and Financial Recession

In these days the whole world have affected by the Financial Recession. Many large companies and big organization faced lots of obstacles while conducting their business, their revenues have dropped down and profit margin is declining. To overcome this they started the “war of Survival” or “War of Competition” Many companies and organization have jumped into that war.

But the Question is arises, how small business companies can survive? They have limited resources and capital and they haven't afford to indulge their self in war. In my opinion the small business companies should adopt the blue ocean strategy, if they do so they will survive in present recession period. And that strategy help them to keep away from that war. They strengthen and increase their market size and share.