Saving money in a small business

Some tips from Forbes:

With credit locked up and consumers on the sidelines, small businesses should be sleuthing for any and all ways to shave expenses. Chopping heads only gets you so far–slice into muscle and you may be too hobbled to ride the rebound.

“Many think that the next step is to eliminate head count, but they will almost certainly be late when recovery comes,” says Ken Hagerstrom, chief executive of Carlsbad, Calif.-based consultancy Expense Reduction Analysts.

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