AMEX Open Forum Interview with Patty Tobin
July 3, 2010  |  News & Events

AMEX Open Forum recently interviewed jewelry designer and life-long entrepreneur, Patty Tobin, to get her insights into how small businesses can save money in the current economic climate. Drawing on her expertise as a business owner, Patty Tobin explains that making the most of your headquarters is a good place to start, but points out that constant negotiations is key to keeping costs down when times are tough.

Here is an excerpt from the July 2nd article that appeared on AMEX Open Forum’s website and BusinessInsider.com:

Get the most out of your headquarters.

Patty Tobin owns a fine jewelry shop in New York City, where the cost of running a business and living is not a trivial expense. Tobin makes it a point to negotiate with her landlord by freezing rent rates, providing a month out of the year lease at no charge, giving credits towards utility charges if not included in rent.

Within her shop she is mindful year-round of heat and air conditioning. “[I am] constantly checking with telephone and cable providers for better rates, too.” Better yet, cut out the landline and fax line — with Blackberrys and iPhones, and everything compatible for email, who needs them?

Read the article, “3 Easy Ways Any Business Can Save Money,” in its entirety here.


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