In a company’s early days, the owner and staff are usually focused on just keeping up with the work, and systems can be set up on the fly with little thought of the future. As the business continues to grow and evolve, it can be all too easy to build on existing inefficiencies or see teams retreat into silos, resulting in wasted budget dollars going to everything from overlapping software services to unused office space. As leaders in the financial space, the members of Forbes Finance Council have plenty of experience in helping their business clients find ways to trim budgets and better allocate resources. Below, they share 13 common ways businesses waste money and offer better, more efficient ways to spend that hard-earned cash. Members pictured from left to right (EJ Paul not pictured). Photos courtesy of the individual members. 1. Underutilizing Purchased Software Understanding what software your company should be using is different than actually using the software. Most businesses we talk to utilize less than 20% of what they are paying for with their accounting software. Working with a conversion specialist will allow you to modify your license to pay for what you are using or […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
