Let’s talk about something business owners hate discussing: downsizing. It’s not exciting like growth strategies or inspiring like vision statements. But sometimes, cutting back isn’t just an option – it’s the difference between survival and failure and nobody likes to fail. I’ve been through it, guided others through it, and here’s what I’ve learned: Downsizing […]
Tag: cost reduction
Business Advisory How SCS Capital Partners Helped Improve Profitability and Productivity Transforming a Service Business
As business owners, we’re often faced with the challenge of maintaining profitability and efficiency in the face of ever-changing market conditions and evolving customer demands, and working in business advisory we see these challenges every day. For one SCS Capital Partners client, a service-based business with under $10 million in revenue, this challenge had become […]
Unlock Your Business’s Full Potential with Lean Principles
As a busy business owner or operator, you’re constantly juggling a million different priorities. It can feel like there’s never enough time in the day to tackle all the moving parts of running a successful company. But what if I told you there’s a proven methodology that can help streamline your operations, cut costs, and […]