Facebook
LinkedIn
Close
Back

Client Login

- Individual Clients
- Business Clients
- Client Employee


Forgot Your Password? Please try logging in with the last password you remember first. (If that fails, you'll be able to reset your password on the next page.)

QuickBooks Online

BOSS™ Accounts Payable Documents Login


Video Meeting

Join a scheduled video meeting with our staff.
Join Meeting
Close
Send Request

Helping organizations achieve remarkable goals

Don’t Let Year-End Cost-Cutting Derail Your Business Goals

October 3, 2016

Many businesses need to adjust their spending to meet the reality of their cash flow during the last few months of the year. While it can be tempting to just cut expenses across the board, this strategy may actually backfire if you cut in the wrong places. Here are four budget areas you should try to preserve to avoiding derailing your long-term business goals:

1. Marketing—It’s one of the easiest things to cut, but doing so will eliminate your ability to grow. The smarter strategy is to continue doing the marketing initiatives that bring you results so you don’t miss opportunities to gain new customers.

2. Training—Instead of eliminating employee education opportunities, look for cost-effective options such as online training or in-house peer-to-peer training to reinforce skills. Regular training is especially important for frontline employees who can make an immediate difference in maintaining and winning business.

3. Safety—Cutting your budget should not mean increasing the risk for workplace injuries or creating an unsafe work environment, which can expose your business to potential workers’ comp claims. Consider safety an “untouchable” area when it comes to budget cuts.

4. Quality—Another area where shortcuts should be avoided is your product and service quality. Reducing resources to the point that it affects your end product is not going to help drive more business—in fact, it may have a significant negative impact on sales.

If you keep these four key expense areas steady, how can you make up budget deficits? The best way is to look at all of your expenses, line by line, and identify unnecessary or hidden costs that can be eliminated. It’s also important to maintain an in-depth view of your financials throughout the year—not just when your budget is tight—so you can take proactive steps to avoid future cash crunches and keep to financial goals.

Back to List


Client Testimonials

  • Todd Timmons, Chairman at Reidville Fire District

    "The BOSS program has been an exceptional addition to the Reidville Fire District. It has eliminated the need for administrative staff. The cost of his program directly benefits the District, which allows more funds to..."

    read more
  • David Taylor, CEO and President at the University Center of Greenville

    "Greene Finney, LLP has been the University Center of Greenville's accounting services provider for over six years; handling general ledger, financial reporting, payroll, 401k funding, bank account reconciliations, and tax reporting. They utilize state of the art technology and..."

    read more
  • Tommy Norris, Fire Chief at Poplar Springs Fire Department

    "Prior to implementing BOSS with Greene Finney, we were utilizing a firm that relied on hand delivery of bills and deposits as well as a manual signature every two weeks. Reports were hard to retrieve and were not very user-friendly. Since switching to BOSS with Greene Finney, we have been completely..."

    read more
  • Joel Manning, Finance Manager at Chester Sewer District

    "BOSS is a very cost-effective solution for your back office accounting needs. We get access to highly qualified and well-trained staff that we could not afford to hire directly. Through BOSS, Greene Finney handles..."

    read more

BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.

read more

Latest from Our Blog


Help us. Help others.

Tell us about your experience with our firm.

Review Us