When the money runs out - cutting costs to save your business

In part one of this three-part series on cost cutting and business restructuring in various situations, we explore cost cutting when you are quickly and unexpectedly running out of money.

Maybe there has been a sudden change in market conditions, investment capital has been withdrawn or interest rates unexpectedly skyrocketed. Whatever the reason, your business is struggling to survive, and you need to start cutting costs -- and fast. Even in a crisis it is important to have a strategy in place before you start making cuts. This article discusses priorities to consider, the challenges of cost cutting in an emergency and how KPMG firms may help in tough times. Prioritizing ...

Sign in below or register now to read the full article

Authors: Gayle Dickerson

Published Date: 29 February 2024