Reduce Your Staff Salaries Expenses

Tighten Your Belt

Tighten Your Belt

Happy Feet hd Especially with the current state of the U.S. economy, now is the time to tighten your belt. Without writing a novel, here are a few things a small business can consider in this expense category.
  • I know this will be a touchy area. The most important thing is for you to be 100% aware of who is doing what and the cost for this.
  • If you don’t need everyone, cut back. Just be cognizant of the effect this will have on your operation. See if anyone wants to combine and share jobs. You may be surprised.
  • Can you use existing staff in other areas? Maybe some need to be shifted to include some administrative functions.
  • Be careful here. You want to act wisely and with compassion. But, you want to act if this is an area that really could (and should) help you notch up your belt.

(This is just one post in the Tighten Your Belt series for this month. Got any additional ideas? Be sure to share them by adding a comment!)

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