Need to reduce costs quickly? Here is how to do it quickly & SMARTLY! - a podcast by Charlotte Lester

When times become uncertain the first thing we all do is panic and reduce our costs to the minimum - basically anything we can cancel without being prosecuted or have a negative effect on our credit rating! 

I get it, money needs to be spent wisely. But this should be the case all the time not just at times of crisis! You should know what you are paying out for, and you should give everything a ROI (return of investment) e.g. What has that money being spent given you back? If the answer is nothing then cancel it, if the answer is a nice to have then cancel it, if the answer is time/money then DO NOT cancel it! 

It may feel good in the short term to keep as much money in the bank as possible, but in the long term it has a detrimental effect on you & your business! 

Here are some ways to reduce your costs smartly. Enjoy! 

Further episodes of CVA Associates top tips!

Further podcasts by Charlotte Lester

Website of Charlotte Lester