When it comes to improving your business’s profitability you have three choices: Sell more, increase your prices or cut your costs. Put that way, it sounds like a statement of the glaringly obvious, but it is surprising how many businesses focus like mad on the first to while paying very little attention to the third.
Here, we take a look at three areas every business should focus on that will help them get the optimum bangs for every buck.
1. Automate your processes
The technological world moves quickly, and any business with established internal procedures is liable to stand still and be left behind.…Continue reading