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Crisis can be an opportunity

In these days of global economic crisis, small businesses and the self-employed may be poised to benefit if they can properly position themselves.  The advantage of being a small business in this environment is flexibility, low overhead and less reliance on credit for capital.  Large businesses tend to be rigid, have massive amounts of overhead compressing their margins and rely heavily on commercial paper and equity to raise capital.
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Posted: November 14th, 2008
Categories: small business
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