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SMART MOVES IN A BAD ECONOMY

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Experts caution that while paring down may be necesary in the current economic climate, entrepreneurs should be careful not to cut so deep that they poorly position themselves for an eventual rebound.

Some of the smart ways to save include;

  • avoiding costly customers
  • examining your tech expenditure
  • getting rid of underperformers
  • Not firing great people
  • keeping your benefits

    The following article discusses these steps in greater detail.

    Source: Entrepreneur.com

    Added on January 05, 2009

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