In this episode, Shannon dives into the critical topic of finding cost savings in your business. She provides a framework for identifying where to cut costs, emphasizing the importance of understanding the root causes behind the need to save money. With insightful examples and practical advice, Shannon highlights the significance of managing cash flow and operational costs, while also addressing the role of taxes in the cost-saving process. If you're seeking to improve profitability and make strategic financial decisions for your business, then this episode is a must-listen. Tune in and get ready to take action towards effective cost management and business growth.

 

What you'll hear in this episode:

04:40 Evaluating staffing mix for possible layoffs.

09:29 Focus on real business problems, not taxes.

11:38 Focus on managing cash, not saving taxes.

 

If you like this episode, check out:

Supercharge Your Income Goals for Real Results

Don't Confuse Productivity with Profitability

Boosting Your Income Without the Sales Hassle

 

Want to learn more so you can earn more?

CFO On Demand click here

Visit keepwhatyouearn.com to dive deeper on our episodes

Visit keepwhatyouearncfo.com to work with Shannon and her team

Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.