Category Archives: Diversification

Cutting costs could end up costing you your business

Be aware of the real cost when cutting costs in your business, not all cost cuts are savings.
If you think you need to cut costs how do you do it effectively? Making cuts in the wrong areas can easily cause a trauma later down the line – often when you need it least!

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Why is “Value Added” the key to profitability?

Ensure your customer values your product or service – Make sure you’re giving your customer what they need by analysing your process. This will help you to discover the ‘value add’ and conversely what is adding unnecessary cost.

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