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Tips for Financial Planning

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Uploaded by on Jan 18, 2010

David Shiba is the Chief Operating Officer at VerticalResponse. In this video he shares tips on navigating your business during tough economic times.

1. Cut out non-revenue generating discretionary spending such as travel, meals, entertainment, and employee benefits.

2. Price shop. Ask about discounts from you venders. If you are a loyal customer they may work with you to find a reasonable solution.

3. Take a look at your sales & marketing initiatives. Are you spending too much on postage? Check into your email providers you just may find cost effective solutions for your marketing campaigns.

David also discusses helpful business tools such accounting software, CRM tools and the importance of having a good cell phone.

http://www.verticalresponse.com/

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