Thursday, March 12, 2009

Feeling Price Pressure? Pass It Upstream

Originally Posted 2.23.09

The Small Business Research Board surveyed 1,000 small business owners in *September* and found that one out of seven had taken advantage of the economy to renegotiate pricing and contracts. Many are negotiating long term contracts that will run well beyond the short term of the recession.

What’s possible? Sid Jaridly, a California kitchen remodeler got over half his vendors to give him a better deal, cutting his operating costs 15%.


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