Still Open

by Dianne Lewis
UtahBusiness.com

Utah - Small businesses are often living on the edge.

They have tighter margins, smaller cash reserves, more to lose in hard times and fewer back-up plans if something goes wrong. So it’s no wonder with all the belt-tightening during the recession, many people expected small, locally owned businesses to take the biggest hit. And some have.

There are small businesses around the state wondering if they can afford to stay open for another month, but there are also many who’ve made bold moves, expanding and taking risks to stay open and position themselves for even bigger growth. Their fiercely loyal customers keep coming back and many are bringing in new business, proving people are still willing to pay for quality and service.

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