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Some business owners are apprehensive about how global politics and economics might affect their companies. These business owners are advised to streamline operations and cut costs wherever possible. They might also benefit by focusing their attention on their areas of expertise, continuing to provide their core product or service. This advice is meant to help businesses withstand uncertain times and prepare for the future.
Key Takeaways:
- Focus on core products
- Cut costs
- Combine processes/positions
“Stick to your core products and services and keep your operations lean to better position your company for whatever lies ahead.”
