Smart Expense Hacks every Business Owners must Know
Hidden expenses can eat into your profits without you realising. To take control of your business finances, follow the ASK method:
1. A – Assess Necessity: Is this expense essential? Can you measure the benefits it brings to your business?
2. S – Scrutinise Value for money: Are you getting the best return for the money spent, or is there a better way to achieve the same outcome?
3. K – Keep an Eye on Alternatives: Can you switch providers, find a more affordable plan, or explore innovative solutions?
Regular expense reviews are crucial for sustainable growth. By categorising and questioning every business cost, you eliminate hidden expenses and ensure your spending aligns with your business values.
Want to take your financial management further? Join our Upcoming Master Your Money workshops for entrepreneurs and small business owners. Learn how to optimise expenses and scale profitably.
Mrudula Muralidharan
Founder & Finance Coach, Million Goals
Million Goals
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Mrudula Muralidharan Founder
- February 10, 2025
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