The $100 MBA Show MBA1577 Is It Worth It To Switch Providers to Save Money? + Free Ride Friday
If you’re cutting costs this year, you’re not alone.
One of the easiest ways to boost profits is to cut down on overhead. But lowering expenses can cost your business in ways you might not realize — especially when it comes to ditching providers and suppliers in favor of cheaper options.
Whether it’s digital providers (of things like CRM software), or suppliers of physical materials, breaking up is hard to do.
So should you?
Today, we discuss how to calculate whether severing a B2B relationship is the right move. With examples from our own business, we’ll explain why we stayed when we stayed, and why we left when we left.
If you’re considering a provider switch, give this episode a listen. Click Play!
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