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You’re probably familiar with the old maxim: A penny saved is a penny earned. For small-business owners, those are words to live by. Anything you can do to save money — to reduce the cost of keeping your team up and running — ultimately makes your company that much more profitable. As you consider resolutions to run an even more successful company in 2019, one place to begin is cost cutting. Slashing operational expenses isn’t always easy, yet there are a number of places you can look for savings opportunities. Here are a few examples. Reduce staffing costsPayroll tends to be a major expense.
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