Short on Cash? 25 Cost-Cutting Strategies for Small Businesses
If you want to see more profit on the profit and loss (P&L) statement, you face two options: increasing sales and cutting costs. Both are solid choices and can produce desired margins. Because of that, you will want to use both options to ensure consistent cash flow. But when a cash flow crunch hits, you need to cut costs, now. You can if you know these 25 cost reduction strategies.