Real estate
Thinking it would save time and money, a multi-family developer used in-house staff to identify where to cut costs. However, the initiative was pulling staff away from high priority projects. The team also lacked the resources needed for a comprehensive review. Leadership soon recognized that bringing in cost reduction experts was a better path to driving profitability.
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Want to put some silver back in your pocket? Sometimes it pays to put a fresh set of eyes on your operating expenses.