Small businesses are feeling pressure from the economy and are looking for ways to save money. New data from a study conducted by the U.S. Federation of Small Business and DYMO shows just what these businesses are doing to cut costs:
- 23% of respondents have cut staff
- 36% of respondents have decreased business travel
- 36% of respondents have minimized marketing efforts
- 29% of respondents have put a freeze on bonuses and raises
Is this really the best way to save money?
Is That Really How You Want to Save Money?
Posted by JohnH under StrategyFrom http://www.smallbusinessnewz.com 5833 days ago
Made Hot by: on October 24, 2008 5:39 pm
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