Expense Avoidance - by Ravi Patel

 

During tough economic times, Entrepreneurs often focus on expense reduction programs. While this is necessary, have you thought about expense avoidance?

 

Expense reduction programs focus on reducing a certain percent of the total amount. How about starting with the question whether the expense is necessary at all?

 

Expense avoidance reviews start with a "zero-base" and systematically determine if expenses are necessary in the first place.

 

Complementing expense avoidance analyses with reduction programs might yield optimal results for Entrepreneurs.

 

 

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