Don't Doubt The Debit

It’s almost too easy.

I had a business partner who would control costs once or twice a year by simply cancelling the company debit card.

It’s a handy technique for a small business owner who often doesn’t have the bandwidth to pick through your Profit and Loss statement and control every expense.

What it does is puts you in charge of controlling expenses.

The vendors will come knocking on your door to get paid, which opens the conversation about how much you’re paying compared to the value you’re getting.

Are your costs out of control?

This is from Trail 2 of Profit Hiker: 11 Trails to gain lasting elevation in your business. Find the book right here and the program over there.