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WHY YOUR EXPENSES KEEP CREEPING (AND HOW TO STOP IT)


dafd read on smbfinanceos.com “We have to make some real cuts here.” I ran the P&L and things weren’t good. A huge revenue dip, while software spend was up 45% and subcontract labor had doubled. And not a doubling from $1 to $2, but a doubling of an already impactful number for this business. When we got on the call with the owner, we led with the bad news. “Things aren’t good and real cuts need to be made.” We talked through the specifics. There were serious problems in their sales and...
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