what are common methods of cost saving for small firms?

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what are common methods of cost saving for small firms?

Postby shumkinyee » Wed Oct 08, 2014 6:12 am

The common methods for cost saving are:

1. consolidate purchasing power
2, improve efficiency
3, automate processes
4, set up best practices
5, provide training
6, set up KPI
7, tax planning
8, sourcing
shumkinyee
 
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Re: what are common methods of cost saving for small firms?

Postby felix » Wed Oct 08, 2014 6:38 am

The most common methods of cost saving are

1. cut number of staff
2. cut overtime
3. move to the factory instead of office
4. don' have over commitment
5. ask for quotes
6. incur only necessary costs
felix
 
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Re: what are common methods of cost saving for small firms?

Postby felix » Wed Oct 08, 2014 6:44 am

Agreed
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