Cost Management, Expense Reduction Insights, Financials
In case you missed it, LinkedIn is implementing a new feature to help freelancers and small businesses boost awareness of their services. The feature will enable them to add services to their profile, which are then searchable for general LinkedIn searches. The most...
Cost Management, Expense Reduction Insights
In recent years, it has become common for economists to attempt to proclaim when the next recession is coming. Everyone is trying to find THE indicator, but in the meantime, shining a light on all the worries for your economy. The podcast, “The Indicator” recently did...
Cost Management, Expense Reduction Insights
I recently read about Elon Musk’s declaration of cutting spending at Tesla and it got me to think about how cost-reduction is often thought as elimination or reduction of purchases or services. While I am not suggesting that Tesla is not in need of aggressive...
Cost Management, Expense Reduction Insights
Growing or acquiring a new firm is an exciting time for a business, but it is also a time when you may absorb costs you do not have to. Cost reduction does take time to benchmark and compare vendors, but during a busy, exciting time, you may not have the time and push...
