Wednesday, March 4, 2009

No Wiggle Room

In a flush economy, startup entrepreneurs can sometimes scrap and scrape their way into profitability even as they learn on the job and make rookie mistakes.

But in today's climate, a small business owner has to obsess about every penny spent. One of the areas with the greatest potential for hidden costs is inventory, says Bill Harrison, the guest on my Smart Answers podcast this week.

As a former small business owner himself, Bill has some great advice not only on inventory control but on pricing and customer service as well. Check it out.

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