Jan 2, 2018
Cost reduction is a basic business expectation. Yet many businesses fail to understand the true costs of cuts in the wrong places.
In episode #16, Greg Saltsman and Alicia Hicks discuss 3 key points relating to cost reduction;
1. Areas where you can cut costs without hurting your business.
2. Where you should avoid cutting costs.
3. What you should do with the money you save as a result of cost reduction efforts.
Cost reduction may seem obvious, but there's more to it.