In these hard economic times, small businesses have to really go back to basics an reduce costs to optimize their revenue producing centers. Reliance on government stimulus packages will never replace good business sense and planning. Many prudent small business owners have lowered their overhead by outsourcing expensive overhead cost centers like their accounting and CFO functions. This has made a difference to their bottom line.
What else can be outsourced to experts to lower costs?
JP Leddy
of CA
@
Feb 13, 2009 19:09:39 PM
Revitalizing Small Business
As a small business owner that helps other businesses with understanding marketing, I am truly hoping that we can eventually get back to two main things: 1) jobs creation and 2) being able to secure credit. Jobs creation will enable people and other businesses to spend on goods and services while securing credit will enable small businesses to open and expand. This is central to the recovery.
John Sternal
of FL
@
Feb 12, 2009 12:27:27 PM
Thanks for saying a lot of truth here
This author understands several important concepts.
He knows he needs customers who ARE ABLE to by good products. And he knows he needs healthy, educated and reasonably secure employees who are thus able to concentrate and help him build those good products.
He knows that both are harder to find in this new century, in part because as a society we're slipping backward on the healthy, educated and reasonably secure attributes.
More importantly, he knows that spending money on employees, growth and marketing are what businesses are supposed to do for the sake of the overall economy---and that such spending is always deductible from any taxable income. I worked for a private company for 20 years that did these things. We admired the owners to the moon. They were the class of the hero entreprenuers of old days.
JP Leddy of CA @ Feb 13, 2009 19:09:39 PM
John Sternal of FL @ Feb 12, 2009 12:27:27 PM
Muser of NM @ Feb 12, 2009 10:56:32 AM
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