Articles
Cost Reduction Strategies for the Service Industry
The global business services industry is on a remarkable trajectory, expected to reach $270 billion this year and projected to grow at a compound annual growth rate of 27.92%, reaching
How to Improve Profit Margins in the Manufacturing Sector
Manufacturers across America are bracing for yet another challenging business climate. With rising operational costs, looming policy shifts after the US and global elections, and ongoing geopolitical uncertainty, sustaining substantial
Surviving Inflation: Smart Cost-Cutting Moves for Small and Midsize Businesses in 2025
The harsh truth is that American small and midsize businesses are navigating a challenging economic climate. With global inflation still rising, lingering effects of geopolitical conflicts, and mounting trade tariffs,
Why Now Is the Perfect Time to Lock in Long-Term Vendor Savings
In today’s economic climate, business leaders face mounting pressure to control rising overhead costs while maintaining profitability. With inflation driving up operating expenses, global supply chains facing persistent disruptions, and
Is AI Right For Your Business?
Artificial Intelligence (AI) is everywhere; from powering voice assistants to streamlining customer service, it is changing how we live and work. Yet, when it comes to business operations, many owners
C-Suite Sherpas Podcast with Marc Freedman November 11th, 2024
https://www.youtube.com/watch?v=A9i62bEnja8 Expense to Profit Services: With 40+ years of experience and an extensive network helping businesses answer an important question—am I paying more than market price? In more than 25,000
Reduction in Expenses for Business Health Care Benefits: Smarter Solutions for 2025
Suppose there is one topic that keeps CEOs and senior executives awake at night. In that case, it is finding the balance between offering excellent healthcare benefits to employees and
Procurement in 2025: Trends to Watch Out For
With 2025 around the corner, procurement is once again stepping into the spotlight as CEO and senior executives continue to zero in on improving their operations. For businesses across the
Why Your Company Should Add Wellness Programs for Employees
Have you ever wondered why some companies offer workers gym memberships or healthy snacks? These are examples of wellness programs that are becoming increasingly popular in workplaces. Let us discuss
Driving Enterprise Value Through Cost Optimization
In today’s competitive and fast-changing economic and corporate landscape, business executives want to stay ahead of the curve and improve their enterprise value. The reason is not farfetched; businesses must
The Difference Between Cost Savings and Cost Avoidance
Business executives worldwide want the same thing: a reduction in operating costs. And when it comes to business finances, you typically hear the words’ cost savings’ and ‘cost avoidance.’ While
Does the DOL Independent Worker Reclassification Affect Your Business?
At Expense to Profit, we thoroughly review business operations and provide executives with effective cost-reduction strategies. However, beyond that, we present businesses with emerging trends that shape the commerce ecosystem.
Going Paperless in a Digital World
Fifty years ago, if you asked someone to visualize an office, the image that would likely come to mind involved stacks of desktop computers on desks, surrounded by numerous folders
Strategic Ways to Improve Procurement for Your Business
Procurement, the lifeblood of businesses worldwide, has stood as a steadfast pillar in operations. Its processes have maintained a time-tested tradition for decades, resistant to several changes.
How Wellness Programs Are Disrupting Workers’ Comp
Worker safety and well-being have emerged as a focal point for businesses and corporations seeking to promote productivity and employee satisfaction. Naturally, workers’ comp has been the cornerstone of workplace
How Weak Passwords Fuel Business Cybercrime
As companies continue using digital technology, they strive to innovate their goods and services. They frequently leave cybersecurity—a critical component of their digital architecture—to chance. Weak passwords increase organizations’ cyberattack
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