by Adina Luca | Mar 19, 2020 | Cost Management, Management
When things don’t go as planned for your business, and you cannot do much about your income, be it as a result of a global downturn or a local demand shortage, it’s time to look at your costs. There are two types of costs or expenses in your business that serve two...
by Adina Luca | Feb 27, 2020 | Cost Management, Growth Strategy
Here is a scenario: your last year revenues were 12% less than projected and expenses were 7% less than expected too. Good. You managed to save some margin, no matter how small. However, if this trend continues – revenue going down faster than expenses –...
