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Managing Risks and Costs: How Small Businesses Stay Profitable and Survive
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Managing Risks and Costs: How Small Businesses Stay Profitable and Survive

Managing Risks and Costs: Practical Steps for Small Business Survival Small businesses live or die by how well they control their expense base and manage uncertainty. Efficient cost control is not the same as penny-pinching. Real cost management is strategic. It focuses resources on activities that create value while limiting exposure to disruptions. This article...