Tips for making it through tough economic times

04/27/2012 | Financial Post (Canada)

Guiding your business through the still-difficult economic climate can be hard, but there are ways to help your company weather the storm, writes Jennifer Newman. Focus on reducing costs and make sure you are getting paid on time, she recommends. However, you should be careful about lowering your prices. "It's true that customers are spending less or looking for deals, but keeping prices low when the economy turns around will hurt prospects for recovery," she writes.

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