Shifting into Cost-Cutting Mode

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October 29, 2008
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NEWS  THIS WEEK'S TOP STORY Shifting into Cost-Cutting Mode As the economy falters, experts say small businesses must recognize runaway costs early and start making modest cuts SLIDE SHOW > >

Inside: This Week in SmallBiz As the economy sours, business owners are thinking about one thing: cash. They're either racking their brains for ways to save money or aggressively moving into cost-cutting mode. We take a look at a few techniques that have worked for entrepreneurs in the past and ask experts for their guidance going forward. And in a complementary slide show, we offer additional ways companies can trim without touching their core business. Also on tap: Hear why the financial crisis may be good for some established small business owners. Then check out our reader-suggested story on eBay sellers' frustrations and weigh in on the ongoing discussion. Finally, nominate a promising new business for our ongoing Fresh series. Enjoy! --Nick Leiber SEND FEEDBACK  |  E-MAIL A FRIEND  |  GET RSS  |  NEWSLETTERS

MORE SMALLBIZ NEWS VIEWPOINT The Crisis May Be a Boon for Some Small Businesses From cheaper real estate to old-fashioned attention from banks, small businesses owners may see some good times ahead SALES & MARKETING How to Tell Business Is Cutting Back From fewer shoe shines to a slowdown in corporate art purchases, subtle bellwethers can help take the temperature of business activity E-COMMERCE The Growing Frustration of eBay Sellers Changes at eBay, especially its new ratings feedback policy, have many longtime sellers angry. Some are even leaving for upstart sites like Shopify SUCCESS STORIES Talking to Mario Batali Chef Mario Batali discusses celebrity, his biggest mistake, and cautions about the possible perils of opening a restaurant in this economic climate   SMALLBIZ SLIDE SHOWS SMALL BIZ 10 Ways to Cut Business Costs Consider these suggestions for trimming costs without touching your core business SMALL BIZ Business Bellwethers: 20 Ways to Tell If Things Are Getting Better—or Worse Twenty subtle indicators can help you gauge the state of the economy and determine what's next SMALL BIZ Top Chefs on Opening Shop Renowned chef-restaurateurs offer advice on opening a restaurant in today's bad economy SMALL BIZ Slide Show: Fresh Entrepreneurs Welcome to our ongoing series profiling startups from across the country. We'll be asking for your suggestions and adding profiles on a regular basis   SMALLBIZ PODCASTS Preventing Lawsuits Entrepreneurs can readily familiarize themselves with the three areas likely to provoke legal action, says Hanna Hasl-Kelchner, author of "The Business Guide to Legal Literacy"   SMALLBIZ SPECIAL REPORTS Best U.S. Entrepreneurs 25 and Under Home- Based Business Branding Franchising Raising Capital The ABCs of Business Plans SMALLBIZ  BUSINESS DIRECTORY Need Help? Find experts in your area in: Accounting Advertising and Marketing E-Mail Marketing Legal Services Public Relations Search Engine Marketing Web Design Web Marketing Web Hosting  BW MALL   SPONSORED LINKS PCRecruiter HR Software for Small Business  PCRecruiter HR software is used by nearly 3000 organizations worldwide. Discover why right now! Microsoft Exchange Server 2007 SP1  New Exchange Server 07 SP1 delivers the advanced protection your company demands. Evaluate today! Eliminate HR Management Headaches with TriNet  Streamline Your HR organization. Download FREE Info Kit! HR Can Be Affordable, Scalable & Convenient Recruiting in the Finance Industry?  Software for Recruiting, Applicant Tracking, Onboarding, Performance Management, Job Postings & more Accounting & CRM Software Training Help & Support   Provider of accounting software and CRM software help, support, training and report writing services for Sage MAS 90, MAS 200, Sage MAS 500 software and SalesLogix CRM . Buy a link now! This newsletter is a FREE service provided by BusinessWeek.com. To sign up for other newsletters, cancel delivery, change delivery options or change your e-mail address, please go to our Newsletter Preferences page. If you need other assistance, please contact Customer Service or contact: Wanda Cooper BusinessWeek Customer Rights Communications Data Services 1995 G Avenue Red Oak, IA 51566 Phone: 1-800-635-1200 View our corporate privacy policy here. To learn more about how BusinessWeek.com applies this policy, you can contact our Marketing Department. Copyright 2008, by The McGraw-Hill Companies Inc. All rights reserved. Terms of Use | Privacy Notice

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