Sep 15, 2009

Work With Your Competitors

Here's the tenth and final big-picture strategy from my save your business list:

10. Work with, not against, your competitors.

One of the best ways to lower overhead expenses is to combine operations with another business. For instance, sharing office space and a receptionist with a similar business can save a lot of overhead costs. The Sharing Solution, by Janelle Orsi and Emily Doskow (Nolo), offers some great ideas for businesses interested in sharing space and equipment with other businesses.