Reducing Business Costs in 8 Proven Steps (ePub)

Reducing costs in a business or organisation depends on three things...

You need a structured approach, a methodology. You need to be using proven techniques to reduce costs. You need to firmly drive expenditure out of your business. You can learn to do all these in 'Reducing Business Costs in 8 Proven Steps'.

Why do we need to reduce business costs?

Businesses have it tough. Whether you're a small to medium sized enterprise or you're a large corporate body - business has never been more competitive. With this comes the natural pressure of trying to ensure profitability and, following on from that, increased pressure on costs.

With sales revenue often being very hard to increase, the only way to improve profitability is to drive down costs. Therefore, both in good times and in bad, reducing costs is an essential aspect of owning and managing a business.

The good news? For managers who know what they're doing, it's never been more achievable. With structured methodologies able to provide step by step guides, technology making online tools easily available, a plan can be made and reduced costs achieved.

This book is designed to provide eight straightforward steps which will enable you to run a cost reduction project and successfully drive down your costs. Based on actions that are part of the wider methodology taught in the Cost Reduction Method this book gives you an actionable approach to get results as soon as possible.