Spend Or Save? How To Use Money In 2009

Rhonda Abrams At USA TODAY:

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.

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