Spend Or Save? How To Use Money In 2009
How are you going to spend your company’s money in 2009?
With such a dismal U.S. economy, we all naturally want to hold on to every dollar we can.
On the other hand, a bad economy means real opportunities for those businesses that have the smarts and the courage to take advantage of it.
1. Hiring: Spend
2. Rent: Save
3. Marketing and customer service: Spend
4. New product development: Save
5. Critical technology and equipment: Spend
6. New furniture, cool electronics, etc.: Save
7. Going green: Spend
8. Reserves: Save
Photo by osito-pl.
Jaclyn on January 18th, 2009 11:15 am
I don’t know if i would necessarily agree with renting rather then owning. most people would say that owning is better even if not until down the road. renting is usually a higher payment a month also rather then a regular loan payment.
cassy on January 21st, 2009 11:31 am
for me i will spend it by start a new business like a food stand in our place and the other will be deposit on the bank for interest, great site!
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