The Cash Flow Contractor 281 - Are You Wasting 20% of Your Business Budget? with Duane Deason
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Nov 13, 2025 Duane Deason, a cost management expert and author of 'Operationally Svelte,' sheds light on hidden expenses that can waste 10-20% of business budgets. He reveals simple strategies for identifying cash flow issues without being a financial whiz. Deason emphasizes the importance of creating a culture that celebrates cost-cutting and encourages accountability in spending. He also discusses the concept of Cost Management Centers and how proper governance can lead to significant savings, transforming cash flow for contractors.
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Growth And Cash Influx Fuel Bloat
- Cost issues often originate after rapid growth or sudden capital influxes.
- Companies invest cash without ROI discipline and end up with bloated infrastructure and silos.
Train And Reward Cost-Conscious Behavior
- Teach employees financial basics and celebrate cost-saving efforts publicly.
- Reward and recognize staff who identify and implement real savings to change culture.
Follow The Cash Not The P&L
- Start by tracing actual cash outflows using a disbursements journal instead of relying solely on the P&L.
- Duane Deason looks for big expenditures first to prioritize high-impact savings quickly.
