Reduce your costs

A chapter extract from our book 12 Steps to Improve Your Cashflow

“Paying attention to your finances and other essential information in your business will alert you to any expenses that are not giving you a return on your investment. For example, you could be paying for advertising but all your customers are coming from personal recommendations. Maybe you are questioning paying for networking fees after you add on the travel costs and the cost of your time out your business. Additionally, sometimes suppliers will put their prices up or the rent on your premises will increase. This is the perfect time to shop around and see if you are still getting the best deal. You are in charge of how much is spent in your business and what is purchased, so if you are not happy about paying for something then stop paying for it.

However, it is equally important to ask yourself why you are not valuing the service or product and is there anything in your own behaviour that could add more value.”

To read more, you can either buy from Amazon or download for FREE here!

© Helen Monaghan, HM Coaching Ltd

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