By Jessica Bursztynsky November 30, 2022 DoorDash is laying off about 1,250 employees in an effort to reduce rising operating expenses, CEO Tony Xu told staff early Wednesday. The move will impact roughly 7% of its workforce. DoorDash was one of the early pandemic bets, as consumers turned to food delivery in an effort … Continue reading DoorDash lays off about 1,250 employees to curb operating expenses
The Most Important Strategies for Reducing Startup Expenses Peter Daisyme / 01 Jun 2022 Launching a new startup is an exciting opportunity, and one with the potential to make you very wealthy over the next several years. However, one of your biggest obstacles is going to be getting started on a slim budget. If … Continue reading The Most Important Strategies for Reducing Startup Expenses
Anastasia Belyh March 10, 2021 Generally speaking, the Accounting Department is in charge of computing and reporting your company’s financial status. Since there are lesser costs incurred in the day to day activities of administrative sectors of the business like the Accounting Department, which includes payroll and employee benefits, equipment and furniture, computer softwares and … Continue reading Fastest Ways to Reduce Your Accounting Department Expenses
Raani Starnes January 26, 2021 Unfortunately, many small business owners aren’t proactive when it comes to tracking business expenses — and you may be one of them. Let’s face it: You don’t want to sort through a mountain of crumpled receipts come January, and you don’t want to overlook any tax write-offs either. Don’t worry, … Continue reading How to Track Business Expenses (And Why You Shouldn’t Put It Off)
Catherine vanVonno November 24, 2020 Pixabay Because of the economic climate COVID-19 has caused, businesses everywhere are working hard to reduce expenses. Effective cost-cutting techniques don’t just help you save money. They also build your company’s resilience and prepare it for setbacks. They teach you how to work with what you have right where you … Continue reading How to Get Employees Involved in Reducing Business Expenses
Phil Forbes September 17, 2020 Many businesses leave finding the right packaging solution to the very last minute. And the reason is simple. To your business, your product and your image are most important. Branding, values, business unique selling points, all these are essential and obviously take priority. So necessities like packaging are left to … Continue reading Value Engineered Packaging: The Unsexiest Way to Lower Your Operational Expenses
Dennis Dix August 7, 2020 In the uncertain economic times, people and institutions face a challenging future, where resources are stretched beyond their limits. Many are meeting this challenge with creativity and grit. Small businesses are especially vulnerable during unstable times. But, as revenue streams dwindle, some scrappy businesses have strategically tapped into smart technologies … Continue reading There Is No Better Time to Reduce Your Business Expenses
Drew Page — May 26, 2020 Today’s business environment is heavily influenced by the “FUD factor,” or fear, uncertainty, and doubt. When FUD creeps in, the funding sneaks out and therefore restricts the ability for many businesses to access capital. It’s times like this where the planning, discipline, and the fiscal responsibility of maintaining a … Continue reading Business Expenses to Reconsider During Times of Crisis
Peter Daisyme — October 17, 2019 Increasing revenue is a frequent thought on entrepreneurs’ minds. In reality, there’s often an easier way to generate more income: cutting costs. Reduce your business expenses and you’ll be able to achieve better cash flow and profitability. The larger the business, the higher the number of useless costs that … Continue reading 5 Easy Ways to Reduce Your Business Expenses in the Next Month
Kara Perez — July 15, 2019 — July 15, 2019 jarmoluk / Pixabay Running a business costs money. “You gotta spend money to make money,” the old adage goes. That’s why our businesses have operating expenses and budgets. It’s the money that keeps the ship running, and makes sure that everyone gets paid. But maintaining … Continue reading How to Audit Your Businesses Operating Expenses
