The $100 MBA Show MBA2134 How To Negotiate and Cut Your Expenses
Profit is oxygen. But if you’re only creating profit by maximizing revenue…you’re only doing half the job.
It’s time to get lean, and stay lean.
Today, we explore how to keep expenses down, by consistently tracking and trimming the fat. It’s not about obsessing over overy penny or being a miser. It’s about making smart deals with the people and companies who make up the “Loss” side of your Profit & Loss sheet — and renegotiating regularly.
Learn how we systematically analyze our own spending, and slash expenses by a significant percentage every couple years.
The fact is, you’re probably spending more than you have to, somewhere. And to keep your small business growing, you can always make more room in the budget. Hear how to get the most out of your budgets, and keep that P&L sheet in shape. Click Play!
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Today’s Sponsors
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Recommended Tools
Xero
By far the easiest accounting software on the market. We use it for all our businesses, because it integrates with all our accounting, billing, and banking apps. With super affordable plans for small businesses, Xero makes keeping the books much, much simpler. Head to xero.com/podcast and find the accounting solution you’ve been looking for!
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