moonchild
VIP Contributor
If you have a business and unfortunately inflation hits it's pretty much hard to figure out what to do next because cost of running the business will skyrocket and if care is not taken, your profits margin can easily be eroded by expenses, what's the best way to manage these sort of problem and still have a thriving business that makes profit.
You have to do away with unnceccasry expenses, if you check your monthly payments you're sure to find some few things you're spending on that are not bringing any value to your company, they could be recurring subscriptions, tools you're not using or even unproductive employees.
Agressively cut off these sort of things from your payroll and you'll be able to have extra money you can throw into other stuffs, this will help you to navigate through the troubled waters of inflation
You have to do away with unnceccasry expenses, if you check your monthly payments you're sure to find some few things you're spending on that are not bringing any value to your company, they could be recurring subscriptions, tools you're not using or even unproductive employees.
Agressively cut off these sort of things from your payroll and you'll be able to have extra money you can throw into other stuffs, this will help you to navigate through the troubled waters of inflation