Small business owners, including those in stable industries, have felt the heat of the broad economic slowdowns. Individuals tend to curb their frivolous spending while corporations decrease routine activities, delay major purchases and shelve new initiatives. For many small businesses with limited resources, these and other factors often combine to pressure bottom lines past the breaking point, creating a domino effect of other dilemmas such as a credit crunch or layoffs. A downturn doesn’t have to spell disaster for your small business, however. Good financial management practices will help you weather even the worst of economic times and be ready …