Overhead expense reduction lowers operating costs and increases cash flow and profitability.
Reducing overhead expenditure is a fundamental tenet of any Turnaround or Business Rescue appointment and the first step in the process of regaining profitability.
It is however not a random process that involves the haphazard slashing of all expenses. Instead, it requires a proper accounting system along with a comprehensive understanding of how expenses interrelate with stock, sales, profits and the cost of goods sold.
As well qualified accounting professionals, the Matuson & Associates team have the required business expertise to identify and reduce expenses safely, without impacting on essential operating costs.