Cutting costs
In the past six months, has your business ...
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| Been damaged by the recession | 43% |
| Cut the price of products or services | 22% |
| Downsized through layoffs or attrition | 17% |
| Cut salaries | 14% |
| Applied for a loan | 11% |
| Been turned down for a loan | 6% |
| Relocated to cheaper office or warehouse space | 6% |
| None of these | 39% |
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Source: From a Fortune Small Business/Zogby International online survey of 755 small business owners, conducted on Jan. 27, 2009.
LAST UPDATE: Feb 27 2009 | 9:45 AM ET
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