6 Cost-cutting Tips for Small Businesses

By: Canary Blomstrom  •  February 14, 2023

Employers of all sizes are currently searching for ways to reduce expenses and save money in response to the current economic downturn and ongoing labor challenges. Instead of cutting costs randomly or conducting unnecessary layoffs, successful organizations tend to optimize their resources by identifying areas where they can reduce expenses without compromising productivity or future growth. This HR Insights article outlines six tips to help small businesses effectively cut costs.



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