Donna Brazile: If you had 24 hours to eliminate overhead and a business, what would you do? Brazile: The two biggest overhead expenses are people and places. "Business exists to buy assets that make it money," she says. Coolidge: It's actually really easy for me to make an emotionally bad decision about buying a building.
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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