Most Read
Most E-mailed
E-mail Article
Print Article
Downsizing Your Business
Finally, if you own your space and are paying a mortgage on it, another way to deal with the cost of maintaining the space is to try to renegotiate the terms of your mortgage. Perhaps your lender would be willing to change a 15-year mortgage to 30 years, lowering your monthly payments. Or perhaps you can refinance at a lower rate than you currently have. Be as smart about downsizing as you were about upsizing.
