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Cost Saving Strategies for Your Small Business

Thu 10:00 AM to 12:00 PM
Topic: Cash Flow Management

Cost Saving Strategies for Your Small Business

October 21, 10:00am - 12:00pm

According to the Small Business Administration, about half of all new businesses fail within the first five years, and with the recent pandemic, small businesses are going under at an even higher rate. While many entrepreneurs focus on increasing sales to boost their chance of success, lowering expenses is equally or sometimes more important when trying to achieve or maintain profitability. Cutting business expenses requires some tough choices and trade-offs, but there are ways to do it without alot of stress or having to fundamentally change your business model. This session will discuss strategies to trim overhead, streamline expenses, and ultimately increase profitability.

Speaker(s): tenBiz

Fee: No Cost

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