on saleWith the year 2010 approaching, Daniel Touizer, CEO of Cinergy Health is advising owners of small businesses on how to save money in the coming year by taking advantage of the current recession. He also has tips on overcoming the challenges caused by the changes in health care, and generally succeeding financially.

During times of recession there is often an increase in vacancy rates for office space, driving the cost of rentals down. Daniel Touzier suggests taking advantage of the 10 percent or more vacancy rate which cities tend to experience during hard times, and relocate the site of the office for a cheaper location, saving lots of overhead costs. If moving is too difficult, renegotiate the rental agreement with the landlord.

Another effect of the recession is the lowering price of raw materials. Businesses should also take advantage of this phenomenon and be sure to bring in supplies at a significantly smaller cost. During harder economic conditions prices come down on all kinds of supplies, from office furniture to other supplies.