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Day: June 20, 2022

How to Reduce Business Overhead Expenses

How to Reduce Business Overhead Expenses

Business
In the second quarter of 2022, 75 percent of small businesses said they were paying more for supplies. And if that complaint sounds familiar, then you're probably already dealing with the Inflation Dilemma. Sure, you could raise prices. But you don't want to lose customers. With prices going on a steady upward climb, it's getting harder for your business to remain profitable. What if we told you that it was possible to experience sky-high revenues even while watching your margins shrink? It's true. All you have to do is reduce your business overhead. Want to know how to cut costs without upsetting customers or selling at a loss? Keep reading to learn more. It Starts With a Deep Dive In personal finance, there's a term called "lifestyle creep." This refers to the fact tha...