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Surviving the Storm: What Strategies Can a Company Use in an Economic Downturn?

inDinero

In this article, we will explore some strategies to use in less-than-favorable economic environments and how they can be applied to help companies withstand the challenges posed by an economic downturn. It may also be beneficial to renegotiate rental or lease agreements to reduce overhead costs.

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How to Boost Your Business Efficiency: Unleashing the Power of Virtual Assistants for SMEs

Magellan Solutions

If yes, then this article for virtual assistants for SMEs is a must-read for you. Small and medium-sized enterprises face different challenges in streamlining operations, especially during peak seasons. If you are a small or medium-sized business, you can hire virtual assistants (VAs) to help with repetitive tasks.

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Travel and Expense Management: What Is It, Challenges and Best Practices

Planergy Software

Download Free Copy Travel and Expense Management: What Is It, Challenges and Best Practices Written by Lyle Del Vecchio 16 min read Expense Management Expense Reporting Process & Procedures Download PDF IN THIS ARTICLE What Is Travel and Expense Management? When it comes to travel and expense management, planning ahead is key.

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11 Cost Reduction Strategies in Procurement

Obobo

Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices. Leverage technology solutions to automate procurement procedures , improve compliance, and reduce costs.