Episode 7-132: How to Think Lean while Growing your Company

Building a company means wanting growth and profit but there are times when business ebbs and flows, and we need to think lean. As owner and designer of Rebekah Scott Designs, I have learned how to ride the waves and share my tips for thinking lean while still growing your company.

When you own a business, you have to be sure to think abundantly but also think lean when cutting costs and improving efficiencies.

If you are considering adding or cutting something, ask yourself, “Do I have more time or money?”

Things to consider when thinking lean:

• Printed material costs
• Subscriptions
• Memberships
• Payroll
• Contracts
• COGS (Cost of Goods Sold)
• Wholesale pricing on supplies
• Take pre-orders
• Check all business transactions
• Prioritize spending
• Reduce inventory 

We got this Encouragers!

Click here to get the reflection guide.