5 Ways For Small Businesses To Control Costs

http://blogs.forbes.com/steveodland/

Here are five ways for small businesses to control costs:

1) Renegotiate all contracts annually.

2) Discuss with customers how to take steps out of the mutual supply chain.

3) Match payment terms with inventory turns.

4) Ask vendors to own their inventory up to the point of your sale.

5) Hold headcount constant.

Click on the link above to see the full article.

— Steve Odland

This entry was posted in Spurring small business growth and tagged , , , . Bookmark the permalink.