When your company is running out of money and you want to cut down on your expenses and costs, you will be wondering how can you cut costs without sacrificing your employees? In this video, Paddy shares 5 interesting tactics on how your company can still cut costs without having to cut down on your manpower.
About the Top 5 Series:
This series is hosted by Paddy Tan from BlackStorm Consulting, as he provides you with insights on specific topics in each episode. The Top 5 Series focuses on summarising 5 of the most important tips or lessons you need to know.
Stay updated by following us on:
04:10 Convert your full-timers to part-timers
06:14 Identify the good costs and the bad costs
08:00 Negotiate with suppliers
10:00 Negotiate with debtors
11:21 Review your operational expenditure