No matter today’s economic conditions, it still takes money to make money. Business owners are challenged to know where to cut wisely—lest overhead costs put them under. Now more than ever, companies are functioning in states of self-imposed auditing, closely tracking expenditures and assessing cash flow to ensure the health of their organizations.
“Often businesses try trimming an array of little things—costs on office supplies, phone plans, company lunches and so on,” explains Bill Grodnick, President of Davinci Virtual. “These smaller line items get cut because larger items, like office space and administrative functions, are often perceived as immovable—too important to trim.”