Due to the current economy slump many businesses, especially small businesses, have drastically cut down on Business Travel. A recent study by Oxford Economics, “found a link between travel and corporate profitability. Each dollar spent on travel by a U.S. company can generate an average $3.80 in profit and $12.50 in increased revenue.”

Next time you are debating visiting a current client or a potential client remember, “cuts in business travel that would generally be (considered) penny-wise and pound-foolish.”