expense management

In most industries, sales are difficult. Every new customer and project is a victory. The revenue from those customers propels the company forward, but after the costs of selling and delivery are factored in, the profit that remains may be disappointingly small. That’s not to say that generating money is the end goal of business;…
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Have you seen some of the recent news stories about excessive government spending and waste? Yesterday I learned that our government has been paying service fees on over ten thousand bank accounts with no money in them. Zero-balance accounts, maintained at a cost of $900,000. Huh. It makes you scratch your head… but governments aren’t…
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Some things in life are less complicated than they seem. – This is happily true about saving money, especially in business. While every year brings new management trends and buzzwords related to cutting cost, very little changes in the way companies reduce their expenses. In fact, there are only three paths to savings, and those…
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Have you ever fallen into the coupon trap? You stand at the brink of a purchase – you’re not quite sure you should buy it – but the discount is just too good to pass up. Then you get home, and find yourself with a sweater or pair of jeans that are an unbelievable bargain…
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Are you stuck paying vendors for time? Is it YOUR fault? Here’s some of the feedback from The Seven Curses of Hourly Billing video (view here): “There’s no other way to do it.” “I hate charging by the hour. But we have to.” Why do they have to? Because the buyer (you) doesn’t really know what you…
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