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To the blog for small and medium sized business (SME) owners.

Thursday, September 13, 2007

Financial Planning - Cost Reduction

If the call goes out to 'cut costs' for the next financial planning period , consider the impact that across the board cost reductions may have to achieving the strategic goals for the business.

Tip: Avoid cost reduction in strategically important resources. Consider long term as well as short term goals.

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