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Strategies for Reducing Overheads in Small Businesses

Strategy Driven

Identifying areas where expenses can be trimmed without sacrificing quality or productivity allows small business owners to streamline operations and allocate resources more judiciously. Negotiate lower prices, volume discounts, or favorable payment terms where possible.

Strategy 107
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How High-Tech Companies Can Practice Sustainability

Strategy Driven

In a world where the tech industry is constantly growing, it is important to consider sustainability in order to protect our environment and resources. It involves reducing, reusing, and recycling materials used in production and operations. One way to reduce waste is by eliminating single-use plastics from your company’s operations.

Company 122
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5 Simple Ways to Increase Business Revenue

Strategy Driven

Revenue is generated by selling goods and services, earning interest on investments, or other core operations. Target Existing Customers Finding new customers is resource intensive. Offering discounts is a tried and tested way to encourage people to make repeat purchases. There are several ways to target existing customers.

B2B 121
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5 Fleet Management Hacks to Keep Your Company Costs Low

Strategy Driven

Reducing operating costs while maintaining high levels of service can be a challenge, but by implementing strategic fleet management hacks, businesses can achieve significant savings. By streamlining operations and reducing costs, businesses can improve their bottom line and ultimately increase their competitiveness in the market.

Cost 108
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4 Ways to Support Your Clients During Covid-19

Strategy Driven

Temporary Discounted Prices. Offering a temporary discounted price will go a long way with your clients. Naturally, how much discount you can offer will depend upon your margin but there are certain industries like the subscription-based industry that can slash their prices radically.

Discount 116
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12 Ways To Save Money While Running Your Business

Strategy Driven

While you try your best to pool resources to set up your business, your employees and suppliers deserve their paychecks. But as operations begin, some equipment may become redundant. Virtual offices allow you to run your business with little resources since you don’t need to have a physical building. Find discount offers.

Software 126
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7 Ways to Save Money and Maximize Your Fleet’s Productivity

Strategy Driven

This article outlines seven key strategies to enhance your fleet’s productivity while economizing your operations. This process involves evaluating every facet of your fleet’s operation, from vehicle utilization to maintenance schedules, fuel consumption, and driver behavior.