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Managing Costs in an Improving Business Environment

 
  John W. Braine, Partner, CFO Edge, LLC  
   
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  Article Summary  
As business optimism and the economy continue to trend upward, executives must monitor alignment of costs with revenues to ensure profitability.

Most business leaders agree that savings obtained from cost reductions are a primary way to fund growth initiatives.

But inefficient cost reductions can reduce growth funding and productivity, as well as negatively impact the bottom line and customer satisfaction.

One critical cost strategy step is needed to realize the many benefits of cost-reduction initiatives: perform a cost-benefit analysis.

A cost-benefit analysis in support of a cost-cutting program ensures real ROI and identifies the best areas in which to invest for growth.

Los Angeles and Southern California executives who are engaged in or planning focused initiatives to reduce costs can benefit from talking with a provider of CFO services.

A former enterprise CFO brings both client-side and services side expertise in developing the cost-benefit analysis needed to realize the savings needed to capitalize on growth opportunities.

  Open as PDF Open the entire article as a downloadable PDF (No form completion is requested.)  
     
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