Dead Weight Expenses Are Costing Your Small Business. Here's What to Watch for — And How to Cut Them Small businesses in particular can't afford to be poorly investing limited cash.
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In business, managing with a steady eye on efficiency is pivotal, of course, yet I have seen a great many operations carrying unrecognized burdens — from being overstaffed to spending too much for services, from poorly investing sales and marketing dollars and operating too many divisions to focusing on channels that don't have a material payback.
How to assess your own enterprise — particularly with respect to growth prospects — in order to determine if there's pruning to be done.