This article from Entrepreneur.com relates to startups, but it really is applicable for any of us in business.

DISCLAIMER (needed!): Of course, the reason I really like this is that near the bottom, author Brad Sugars says to not skimp when buying IT equipment:

Now that we looked at some things you should never pay full price for, is there anything you should ever buy new?

Actually, yes, and that would be your computer and network equipment. It’s rare to find a great “gently used” system to meet your needs, and prices are more than comparable for remarkably fast and versatile new systems with everything you need.

You needn’t worry about the integrity of the hardware or any of the software, and you can customize a new system or network specifically for the demands and capacity of your business.

But there is some pretty good advice in this article about what you can save on in these tight economic times.

Find the Entrepreneur.com article here.