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Nothing can help settle the details on a business deal like a personal meeting and a firm handshake. For that reason, many executives travel to their clients or pay for their clients to visit them. While video conferencing is rising as companies try to cut costs, nothing can truly replace the personal touch given by a business trip. To keep costs manageable, ask that employees fly coach instead of business class -- particularly on shorter domestic flights -- and book hotels and rental cars through an online discount site. Those small changes could end up saving a company hundreds of dollars on each business trip.

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14y ago

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