When (and where) to make cuts in your business
When and where to cut costs in your business. Cost-cutting advice from leading business owners.
Two seasoned business-owners
give their advice on cutting costs in your business
As Cameron wields the axe, the high-street's John Timpson and serial entrepreneur Margaret Heffernan advise on when (and where) to cut costs in your business.
John Timpson: I am embarrassed to admit that while trying to cut costs in the sixties, I worked out our per-capita consumption of loo paper. My survey revealed a stunning usage of half a roll per person per week! In truth I was “rearranging deckchairs on the Titanic”... read the rest of John Timpson's cost-cutting advice here.
Margaret Heffernan: Every business leader knows you can’t cut your way to success. But whether a company or a country, there are always times when cost-cutting is essential. To get the best from any cost-saving exercise, you need to honour six golden rules... read Margaret Heffernan's six golden rules for careful cost-cutting here.
Picture: source