You can look for suppliers who can sell the company the same materials on more favorable terms, for example, they will give a discount or ship them faster. This will not only reduce OPEX, but also in the long run will help the company produce goods faster. Find unprofitable expense items. Perhaps the company spends significant amounts on promotion in social networks, although almost no customers come from there.
In this case, it will be easier to reduce the advertising budget and not pour it into targeting. You can also redirect this money to another, more profitable advertising channel, for example, search engines . In this case, advertising poland telegram mobile phone number list will bring customers, and the budget will not be wasted. We wrote about how to evaluate the effectiveness of contextual advertising in this article , and about the return on an advertising budget in this one .
about calculating the cost price of goods and services useful . Get a loan or outside investment. When a business provides financial statements to potential lenders or investors, it reports operating profit. This figure shows how much the company earns from its core business. Investors compare it to similar companies and decide whether the business is worth investing in.