Ideas for Cutting Business Costs during the current economic recessionary time?

April 05, 2008

Posted by dconjar

( 1 rating )

There is no real proof we're in a recession, although we all smell it. It really does depend on the business nature, size, etc. The key is looking for ways to alter fixed costs, lower variable costs, and increase production and profits.

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April 08, 2008

Posted by Hofmari

( 1 rating )

During times when there is an economic slow down, a conversion to variable rate loans will let you benefit from the reduction in interest rates. Once we have bottomed out (very soon) a conversion to fixed rate debt allows you to lock in a lower rate.

Of course, not having any debt is the best way to cut costs.

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