Karl Sakas — June 3, 2019 Follow @KarlSakas — June 3, 2019 See how to be strategic about cost-cutting, before it’s too late. Worried your agency’s revenue might look a little shaky? I strongly recommend you pause now to define your agency’s three unique “cost-cutting tiers.” Why? You’ll be really glad you did if you … Continue reading Need to Cut Expenses? Pre-Define Your Agency’s 3 Unique Cost-Cutting Tiers.
Robert Gloer — April 11, 2019 Follow @IOUFinancial — April 11, 2019 Running a small business is a costly undertaking in terms of time, effort and money. Unfortunately, too many businesses spend too much on their expenses. This eats into your working capital unnecessarily, possibly crimping your flexibility and your ability to take advantage of … Continue reading Are You Overpaying Your Business Expenses?
Choncé Maddox — December 12, 2018 — December 12, 2018 stevepb / Pixabay I just finished reading Profit First which is a must read for business owners whether you’re new to entrepreneurship or have been going steady for some time. Profit First teaches you how to turn your business from a cash eating monster to … Continue reading 3 Business Expenses You Could Be Overpaying For
Peter Daisyme — March 19, 2018 — March 19, 2018 jarmoluk / Pixabay As an aspiring entrepreneur, it’s natural to overestimate the ease of entry for an online business. After all, since you won’t have to pay for a physical retail space, or in many cases, an office, your overhead will be drastically lower than … Continue reading 13 Hidden Online Startup Business Expenses
Peter Daisyme — March 17, 2018 — March 17, 2018 NikolayFrolochkin / Pixabay There are two main variables that will determine the profitability of your business: the revenue you have going in and the expenses you have going out. If you can retain control of these two variables, your business can continue operating successfully. Unfortunately, … Continue reading 12 Major Business Expenses (and How to Reduce Them)
Amanda Abella — March 1, 2018 — March 1, 2018 QuinceMedia / Pixabay I recently saw a discussion in a Facebook group about reducing business expenses to save money. The admin of the group posted where she is cutting business expenses in 2018, and I just so happened to be cutting in the same areas. … Continue reading Need to Save Money? Here Are Some Business Expenses You Can Cut
Amanda Abella — January 9, 2018 — January 9, 2018 FotografieLink / Pixabay Creating a profitable business is a delicate balance of making the right investments, sales and reducing business expenses. It’s a balance that takes time to figure out and requires a lot of patience on the part of the business owner. I personally … Continue reading 5 Ways to Reduce Business Expenses in 2018
Amit Sen — December 3, 2017 Follow @amit_kumar_sen — December 3, 2017 Small businesses are usually lean on capital and funding. As per data from Small Business Administration, around 50 percent businesses bite the dust in their 1st year of operation only. Ineffective cost management is one of the crucial reasons behind the alarming rate … Continue reading 7 Ways How SMEs Can Reduce Business Expenses
Amit Sen — May 26, 2017 Follow @amit_kumar_sen— May 26, 2017 Only a handful of things can match the magnanimous feel of being your own boss. It’s really empowering to launch your own venture. But then, starting a business is one thing and channeling it into a thriving setup is another. Almost every 6 months … Continue reading Top 8 Tips to Reduce Operating Expenses in Small Businesses
Nasrullah Patel — November 23, 2016 Follow @Peerbits— November 23, 2016 Cash is the king when you talk business, not only to sustain but also to grow. Being an SME, you need to check your business expenses. A continuous check allows you to monitor money flow and eventually guides you to take the necessary steps. … Continue reading How to Manage Business Expenses as an SME