Wednesday, February 7, 2024

Dead Weight Expenses Are Costing Your Business

 

In business, managing with a steady eye on efficiency is pivotal, of course, yet I have seen a great many operations carrying unrecognized burdens — from being overstaffed to spending too much for services, from poorly investing sales and marketing dollars and operating too many divisions to focusing on channels that don't have a material payback.  This post will help you assess your own enterprise — particularly with respect to growth prospects — in order to determine if there's pruning to be done.

Read the rest of this post in Entrepreneur, which I guest authored this week.

For future posts, please follow me on Twitter at: @georgedeeb.