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person looks at HR to reduce labor costs
Budgeting & Forecasting

5 Strategies to Reduce Labor Costs

With employee retention, inflation and a looming recession all front of mind for business owners, it can be tricky to balance the effect labor costs have on your bottom line. In the United States, WTW’s budget planning survey showed companies are projecting an average salary increase of 4.1% in 2023. But, even if your company is included in that estimate, there may be other ways to reduce labor costs.

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fractional CFO reports chart while coming up with a lightbulb idea
Business Planning

3 Benefits of a Fractional CFO in a Recession

If there’s one thing we might recommend to new clients when they ask about a possible recession, it’s to consider our fractional CFO services. A fractional CFO (also referred to as an outsourced CFO) is a financial partner to to drive growth when there is an opportunity and to help weather a recession if you see a downturn.

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woman with charts behind her looks through telescope to determine landed cost calculation
Financial Metrics

Landed Cost Calculation and Tips to Improve

Landed cost is the total expenses associated with shipping goods from the source to buyer. This could mean to a warehouse or to a customer’s doorstep. This is an important KPI in supply chain management.

Sounds simple? There are many external factors that can affect landed cost.

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