June Business Tip of the Month

Understand Your Costs

Conduct a thorough analysis of your expenses to identify areas where you can reduce costs without sacrificing quality. Negotiate better deals with suppliers and explore cost-effective alternatives for overheads.

Read about one SBDC client who worked with their SBDC business advisor to identify how to lower costs, improve profitability and focus on what matters to their customers.

The Washington SBDC is a program of Washington State University and provides no-cost, confidential business advising to any small business owner in the state who wants to start, grow or buy/sell a business. Call the Washington SBDC today to speak with an expert advisor whose only agenda is to help you succeed.