high overhead costs

How Can High Overhead Costs Be Managed?

Effective management of overhead costs requires a strategic approach. Here are some strategies:
Outsourcing: Consider outsourcing non-core activities to reduce in-house expenses.
Remote Work: Encourage remote work to save on office space and utilities.
Negotiation: Negotiate better terms with suppliers and landlords.
Technology: Invest in technology that can automate repetitive tasks and reduce labor costs.

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