profit

Reviewing Costs… to Increase Cash and Drive Profits
Reviewing Costs… to Increase Cash and Drive Profits 1024 536 Rock Creek Consulting Group

All businesses should review their expenses periodically.  Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival. No matter what the circumstances, here are some Best Practices in reviewing and managing expenses. Look first at non-core functions When cost-cutting,…

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Reengineering your Business: For Profit and Sustainability
Reengineering your Business: For Profit and Sustainability 1024 536 Rock Creek Consulting Group

Sometimes business leaders need to fundamentally change how things are done to grow profit or just to survive. This is termed ‘Business Reengineering’. What is Business Reengineering? Business Reengineering usually means eliminating activities or processes which are not adding value. In some cases, they will be substituted with better processes. Business Reengineering is challenging because…

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