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Xprenia

Established in 2020, Xprenia is a self-managed e-learning platform that presents first-hand stories and knowledge from industry experts, always keeping you up-to-date with insights across the world.

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.

 

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Description

Timecodes

00:00 Introduction

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

14:05 Conclusion

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