Money Saving Ideas for a Large Business
Source: http://www.ehow.com/list_6595397_money-saving-ideas-large-business.html
Layoffs and Restructuring
One of the biggest ways a large business can cut costs and save money is by laying off employees in departments that are inefficient or under-performing and restructuring so that workers are employed in departments that provide a higher return on investment. After tracking and analyzing financial data, many businesses realize they would be able to produce the desired level of work with fewer employees. Data analysis also may show that another department is providing the majority of the company’s revenue and should receive a greater share of investment. This data needs to be consistently monitored to ensure a business is investing its time and money in the most profitable areas. (more…)
