moonchild
VIP Contributor
In a business what takes the most profits in an owner’s pocket apart from staff Salary is running costs, this become obvious if you don’t live in a stable environment where routine things like Electricity and Water costs are standardized, in this article we’ll learn how to reduce over heads in business and build a thriving business without spending much in running it.
Reduce your staff and increase salary: With this strategy you should think of reducing the number of your staff and add more tasks to staffs, should also increase their salary which will help motivate them.
Go for alternatives, if you’re having a problem with electricity you can decide to use Solar energy or if your Water problems persist, you can dig a borehole.
By doing these, you’re guaranteed to have a low running costs in your business.
Reduce your staff and increase salary: With this strategy you should think of reducing the number of your staff and add more tasks to staffs, should also increase their salary which will help motivate them.
Go for alternatives, if you’re having a problem with electricity you can decide to use Solar energy or if your Water problems persist, you can dig a borehole.
By doing these, you’re guaranteed to have a low running costs in your business.
