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As with any other business, there are three options; cost-cutting, leveraging the assets or downsizing (presumably outsourcing to other faiths is not an option).
That day Price posted an early comment on PaidContent UK, reasserting his view that the company had gone into administration, saying "Every effort was made to continue trading, including selling of assets, redundancies, downsizing offices and, in the case of the directors, substantial pay cuts".
If not, regulatory reform efforts of individual nations will be hobbled because nearly every pressing matter — cleaning up toxic assets, regulating derivatives, downsizing large and interconnected firms — has an international component.
There will be no large asset to sell, no "downsizing" to be done, no reverse mortgage to the rescue.
Many analysts already see a drastic reshaping ahead in the finance industry, whether governments pressure banks to divest themselves of specific assets, or indirectly encourage downsizing with polices that require the banks to hold more capital.
Decrying "the hollowing out" of the economy, the resolution added that by the 1980s the nation's financial sector was failing to perform its "essential function" of channeling savings to productive investment in the real economy, focusing instead on various forms of complex financial engineering and "making a quick buck by stripping assets from existing business and downsizing their work forces".
For the Times Company, the New England Media Group was the last big asset in a portfolio it had been downsizing for several years.
InBev has a history of downsizing its acquisitions, selling off assets and cutting jobs.
Other ways to boost your income include downsizing your home and selling assets to free up cash.
Although downsizing implies a reduction in assets, it is not (as its critics often maintain) merely a reduction in human assets.Other terms have been used to distance the concept from its association with ruthless job-slashing for example, rightsizing and restructuring.
It may not be the typical experience for the vast majority of British homeowners, but there is a growing movement towards downsizing by older people, many of whom are asset-rich but cash poor.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com