Part 6 of our series, How Your Business Is Like an Airplane. We're focusing on the body or your overhead. The biggest reason businesses fail is because their overhead gets too high and they don't realize it until it's too late. Doug Kine gives his insight on how you can properly navigate difficult decisions to alleviate intense overhead in your company.
A coke machine in the break room or a food truck party for your staff might sound like a fun idea. But the reality is – that’s overhead, and it’s slowing your business down (and costing you money). In part six of our seven-part series, How Your Business is an Airplane, we’re focusing on overhead. Sure, you’re going to have some expenses that don’t drive crazy revenue, and sometimes that’s okay. The answer isn’t to cut those expenses altogether – it’s to learn this simple formula so you know what’s worth your time, and what’s holding you back.
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