Remove Fixed Costs Remove Operations Remove Software
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5 Effective Strategies for General Contractors to Cut Costs

Strategy Driven

The first step in cutting costs should begin with a complete audit of the existing expenses. You should consider ways to reduce operational expenses. Also, you can consider the shift from in-house to cloud operations to cut overheads. A lot of contractors subscribe to different software services yet don’t use most of them.

Cost 57
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Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at bay. This story of disruption should feel familiar. from 2012 through 2014.

Energy 8
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Don’t Compare Virtual Reality to the Smartphone

Harvard Business Review

Unfortunately, Zuckerberg’s “platform” reference has elicited many comparisons of Oculus to Google’s purchase of Android , the company that would provide Google with its own smartphone operating system. When Legalzoom decided to attack the overpriced industry of law, they used software systems to automate the provisioning of legal documents.

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Does Your Startup Have a Spending Strategy?

Harvard Business Review

So not only were the current fees too weak to support his fixed costs, but future clients were turned off by his apparently excessive tastes. To address those cost overruns, Colin subleased some space, cancelled a redundant and very expensive trading service, and let one person go. What can you afford to lose?

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).

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A Quick Guide to Breakeven Analysis

Harvard Business Review

It’s a simple calculation to determine how many units must be sold at a given price to cover one’s fixed costs. Assume she must incur a fixed cost of $25,500 to produce and sell a kite. What if we want to make an investment and increase the fixed costs?

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A Quick Guide to Breakeven Analysis

Harvard Business Review

It’s a simple calculation to determine how many units must be sold at a given price to cover one’s fixed costs. Assume she must incur a fixed cost of $25,500 to produce and sell a kite. What if we want to make an investment and increase the fixed costs?