Wednesday, March 11, 2020

Cutting Expenses in 2020 (from Live broadcast)

I "went live" today on Facebook, YouTube, etc.

Here's the recording:



Notes:

We are in a very odd time. The stock market is "correcting." We don't know how long that will last or how bad it will be. We know it will end, but there's no way to know if it will end this week, this, month, or next year.

Then there's the Covid-19 virus. Lots of unknowns there. We know that will end, and probably in a few months simply because that's what happens with these viruses. But, again, we don't know.


Here's what we do know: This is a great time to look at cutting some costs. 

That's always a good idea, but it's particularly good if we have a longer-term financial downturn.

Best of all - here are ten tips that could permanently reduce your operating expenses without affecting your long-term operations. These tips fall into three categories: 1) Stop wasting money; 2) Take advantage of savings that are available; 3) Permanently reduce expenses going forward.

Here's the link re: Cancelled events: https://www.zdnet.com/article/gartner-cancels-events-dell-world-goes-virtual-due-to-coronavirus-2020-tech-conference-cancellations-and-travel-bans/

Community link: www.smallbizthoughts.org

Online Conference: www.smbonlineconference.com


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