Jorge Gonçalves, business consultant, gives tips on how to consciously reduce costs
Faced with the real juggling act of balancing a company’s accounts, cutting costs without compromising operations becomes a challenge. Every month, the organization has unavoidable commitments, such as payroll, pro-labore, rent and utility bills. According to the Contabilizei portal, the monthly costs of a micro-company vary between 4% and 30% of revenue. The amount that the company needs to spend to stay in business can be the difference between profit and loss.
But how can you cut costs without affecting the quality of your product or service? Jorge Gonçalves, lawyer, business advisor and CEO of Gonçalves Consultoria, will give you 5 tips to help you make this cost reduction as beneficial as possible for your company. “Companies that simply cut costs without doing a thorough analysis can compromise their production capacity and customer experience. The ideal is to find ways to optimize costs without affecting the essential structure of the business,” he says.
– Expense analysis
The first step to reducing costs is understanding exactly where money is being spent. This involves analyzing cash flow in detail, categorizing key costs, and identifying waste. The expert recommends using financial management tools that allow you to view expenses in real time and facilitate decision-making.
– Negotiation with suppliers
Renegotiating contracts and seeking suppliers with the best prices can lead to significant cost reductions. “Many business owners don’t realize that they have room to negotiate more advantageous terms, prices and conditions. It is essential to constantly evaluate suppliers and explore more economical alternatives,” he suggests.
– Automation and technology
Digitalization can be a great ally in reducing costs. Management software, process automation and cloud solutions help eliminate manual tasks, reduce errors and increase team productivity. Investing in technology is not a cost, but a way to save money in the long term.
– Review of internal processes
Operational efficiency involves optimizing processes. This means identifying redundant activities, eliminating unnecessary bureaucracy, and redistributing functions to increase productivity. Small changes can generate significant savings, such as digitizing documents or adopting home office to reduce expenses with physical structure.
– Culture of economy in the company
Employees also play a key role in reducing costs. Creating an organizational culture focused on saving and raising awareness among staff about the impact of spending can make a difference. “Small habits, such as avoiding wasting materials and energy, can already have a positive impact on the budget,” the advisor emphasizes.
Reducing costs without compromising operations requires planning and strategy. The secret is to analyze expenses in detail, seek renegotiations, invest in technology and involve the team in optimizing resources. For Jorge, companies that adopt efficient financial management are able to not only save money, but also become more competitive in the market.
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Founded in 2008, Gonçalves Consultoria is a reference in personalized solutions, offering services that include strategic planning, debt renegotiation and business expansion. With a practical approach and impressive results, it stands out for transforming crises into opportunities for sustainable growth.
Website:
consultoriagoncalves.com.br Instagram: @goncalves_consultoria
