Managing Costs




Recent Managing Costs Articles

Power of Financial Transparency With Employees

Make sure your staff understands how money flows through your company. You'll improve the bottom line.  Read more

'Zombies' Are Costing Your Business

A staffing firm adds up the cost of "zombie hires" and comes up with a number that's nearly as terrifying as the walking dead. Luckily, it also offers three ...  Read more

How to Stay Alive When Business Shrinks

You've used everything you had to keep going, but it may not be enough. Norm Brodsky weighs in on what to do next.  Read more

Tie Employee Compensation to Firm-Wide Returns: 6 Steps

Pay bonuses based on your company's overall financial success, and get your employees pulling in the same direction.  Read more

Don't Even Think About Buying a Desk

After their first taste of success, most founders immediately want to upgrade their offices. Rookie move.  Read more

Get Maximum Customer Info for Minimum Cost: 5 Tips

In a start-up’s early days, your most important task is to sort out the good ideas from the bad--without spending a ton of money. Here’s how.  Read more

Sausage vs. Meatballs: A Study in Start-ups

Why did the Currywurst Bros. chain fail in New York, while little Meatball Obsession is thriving? Entrepreneurs, take note.  Read more

Why ID Theft is a Myth and How That Hurts Your Business

The myth of identify theft allows banks to push the costs of effective credit checks on to you and your customers. Here's how to fight back.  Read more

How to Juggle Daily Tasks 

Lara Miller doesn't always find time to knock everything off her list, like bookkeeping and projections.  Watch video

Don't Let Expenses Snowball

A sticker price is one thing. Be sure you factor in all costs of your expenses. Here's what I mean.  Read more

How to Save On Business Travel 

Six tips from Scott Gerber, founder of the Young Entrepreneur Council, and Matt Mickiewicz, co-founder of 99designs.  Watch video

Should You Track Economic Value Added?

It's a complicated formula that provides excellent insight into performance... but does it matter for your business?  Read more

How to Cut Costs 

Here's five ways you can reduce your business expenses including the negotiation tactic Siamak Taghaddos, CEO of Grasshopper, used to launch for less.  Watch video

A Lesson on Cost From American Airlines

How your costs compare to your competitors can have a significant impact on profitability. Just ask American Airlines.  Read more

Don’t Grow Your Business into a Corner

Even well-run companies can fail if you don’t manage the business's financing properly. These five questions can help you minimize the risk.  Read more