Rizal Philippines
July 23, 2019
Other way of saying this, "A penny saved is a a penny earned"
The back end, the admin accounting side of business should strive to reduce cost and expenses. In a business every body sells And the way for non marketing people to sell is to reduce cost. The cost and expense you reduce in the operations (and even in marketing) means you do not have to sell that amount to generate the revenue and the contribution to overhead to pay for that expense. If for example you save P1,000 in expense, and your GP rate is 10%, you do not have to sell P10,000 any more
Have time and train your staff and yourself to save reduce cost and expense every time.
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