Overhead is the number one expense that you pay every single month. You can't just go in and fire everybody, right? Most companies get into trouble when they rehearse for this years by not being aggressive on talent management. It really starts with installing a professional way to evaluate the fit and fitness of your employees.
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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