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what are common methods of cost saving for small firms?

PostPosted: Wed Oct 08, 2014 6:12 am
by shumkinyee
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

Re: what are common methods of cost saving for small firms?

PostPosted: Wed Oct 08, 2014 6:38 am
by felix
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

Re: what are common methods of cost saving for small firms?

PostPosted: Wed Oct 08, 2014 6:44 am
by felix
Agreed