Money help: How to save money in an business ? - Help.com



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How to save money in an business ?

……….
hey ppz well im doing a report right and working on a business which has hit finceical problem… if you are a business owner how would you cut down your cost … wat would you change … :D
thanks … all opinion’s are welcomed :D

This open post was written 1 year, 1 month ago | V/U/S: 59, 1, 2 | Edit Post | Leave a reply | Report Post


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Da⌐11 offline Verified User (1 year, 4 months) Long Term User Shouts: 3 #
An Undisclosed Location | 1 year, 1 month ago (23 minutes after post)

There are a lot of ways to save money.

You could lay off a portion of your work force; and then either require the remaining employees to become more productive or have mandatory over time.

You could cut back on over head expenditures; I can’t give you more than that with out knowing your business.

In the same vain you can find ways to become more efficient.

You could close plants and sell off equipment; this would reduced your size; but it may save you from failure.

You can get a loan on you receivables.

You could outsource.

If you’re a global company you can restructure in such a way as to pay taxes to the country with the lowest tax burden.

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