11 tips for reducing costs in small business
NZ Entrepreneur
DECEMBER 1, 2022
With inflation reaching a 30-year high, small businesses across the country will be looking for ways to reduce costs amid cost of living and rising price pressures. According to the latest MYOB SME Snapshot, a survey of over 500 local SME operators around New Zealand, most believe the economy will decline in the next year, putting further pressure on cashflow and margins.
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