In this episode, Eric, David and Robyn discuss Cost Consciousness. Key points include:
Determine where to focus cost management efforts.
Do your research and due diligence when making purchasing decisions.
Prioritize solutions that increase flexibility and choice.
Stay up to day with technological advances in your industry.
Action items include:
Make a list of all the vendors you use and the annual cost for each.
Identify the top two to three areas where your business can focus on cost management efforts.
Craft a plan to reduce costs and/or work with a consultant that specializes in those areas.
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