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No doubt, these are good days to be trimming the fat off of any business. But there's a point
at which a lean business can turn into, well, just a mean one.
"Don't be a penny-wise and pound-foolish business owner," warns Rieva Lesonsky, a small
business blogger on AllBusiness.com. "Entrepreneurs often target the wrong areas for cuts. We've
all known business owners who decide to save money by cutting sales commissions and bonuses. ....
Your salespeople may stick with you in the short term, waiting it out until something better comes
along. But when the economy improves (and we all know it will), they'll be out of there, leaving
you with underserved and unhappy customers."
"Businesses with some fat on their bones, [BtoB magazine editor Ellis] Booker believes, will
be better equipped to ramp up when the economy turns around. As he explains, fat is 'nature's way
of storing energy until conditions improve.'"
Are you in good shape for a cold winter? Read the blog at:
http://www.allbusiness.com/company-activities-management/sales-selling-sales/11659743-1.html
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