As much as we dislike it the reality is that ongoing cost monitoring is something you ignore at your peril. Here we take a look at some ways to lower small business costs.
Costs
Paying pre-recession prices for stock is still way too common. Dig out your suppliers price lists and compare them to 2009/2010 prices. Are you paying the same price but selling for less? If so, start looking around requesting quotes from at least 2 other outlets.
Discounts may be available for bulk purchasing or for paying invoices within a certain number of days.
What’s more, Andrew’s many years of experience means that there are few situations that he has not encountered meaning the advice he offers is based on a working knowledge not text book learning.