Overview

In business, one adage has proven to be true time and time again: You need to spend money to make money. But there also comes a point when your expenses far outweigh your income--and that's a recipe for disaster. It's unsustainable for your company to always be in the red. While you can't eliminate expenses completely, there are many ways you can decrease your overhead expenses, increase your profit margins, avoid fatal cash flow problems, and keep your business afloat even through economic downturns and low sales periods. The author's 7-stage cost reduction process outlined in the book reveals that in one sense it is easy, in another sense not; it is a matter of having the right philosophy, the right attitude, the right processes and the right expertise. Without all of these ingredients coming together in the right order then companies' cost reduction efforts will fail. This book is a very practical guide written for senior managers and executives of large organisations who want to get serious about reducing their overhead costs.

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