Cost Reduction: Cut Costs and Maximise Profits (Udemy.com)
Cost cutting & cost reduction for a profit focused business
Created by: Chris Croft
Produced in 2021
What you will learn
- Double your profits without any extra sales or customers
- Be flooded with ideas on how to cut your costs
- Identify your most profitable customers and which to "fire"
- Help your team or employees give great service and be creative with new ideas
- Build a motivated workforce and effective company culture
Quality Score
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Overall Score : 92 / 100
Course Description
Cost Reduction: Cut Costs and Maximise ProfitsCost Reduction - identify costs in your business that can be cut without negatively affecting your quality or customers. Maximise profits and motivate your workforce.
Would you like to double your profits? To do that could you sell twice as much, or manufacture twice as much?
Could your company grow to twice the size it is now within the same market?
Well guess what - you don't need to! By cutting your costs by just a small amount you could double your profits without needing a single new customer and without making a single extra product. You won't need to hire more people, enter new markets, or get a new premises - just focus on being more effective with what you already have. Cost Reduction training can make all of your business goals come true, and it could easily double your profits or 5x it in the experience of some of my clients!
In this course you'll learn practical techniques to identify wasted money in your company, detailed tips for analysing the effectiveness of your biggest costs, understand why you should increase your prices or reduce your quality, learn which of your customers are actually costing you money, and dealing with common problems of management and motivation. After this course your company will be lean, have highly profitable customers, and every part of the supply chain will contribute more effectively. In fact - you'll most likely be dealing with the most profit youve ever known! We look at lots of real life cost reduction examples (some of which will definitely get you laughing) and give you practical tools you can use right away to get better results in your organisation. Whether you're a small family business or a huge multinational this course will build essential skills for your long term growth and short term effectiveness.
In my opinion Cost Reduction is one of the most powerful and underestimated leadership and project management areas. Most companies focus entirely on selling and forget that there are millions of dollars left on the factors floor through inefficiencies and misunderstandings. So, I have created a step by step course you can use to analyse your business and cut out all the waste. Rest assured - you need not make your employees or customers unhappy using these techniques in fact most likely both will end up better off. Imagine if you only needed to work with your favourite customers, all your employees were highly motivated, and you could produce twice as much product at the same quality level? This course achieves that with simple, tried and tested ideas that have been working for decades.
Chris Croft is an international speaker, and widely published author, who's been teaching Cost Reduction to companies for over 20 years. He's taught all over the world, as well as online, and has an entertaining and practical teaching style. This course is guaranteed to keep you engaged and amused, and teach you life changing skills for home and work.
The course overview includes:
How to identify your most profitable customers, and which are costing you moneyShould you reduce or increase your quality?
Motivate your employees to go over and aboveHighlight missed opportunities to save thousandsUnderstand why a few costs make up most of your expenditureIdentify why a simple printer could be the most expensive item in your company And as always it's 100% practical, and with no technical jargon.
And lots lots more!
By becoming great at Cost Reduction, not only will you benefit from happier and easier customers, you'll also have made your company thousands in new savings and healthier margins!
This course comes with a 30 day money back guarantee Who this course is for:
People looking to double their profits through more effective management & costingAnyone managing a company or team (now or soon) - whether big or small... or self employedSomeone who wants to do Cost Reduction or management in their future careerBusinesses looking for inspiration on how to cut costs and stay competitiveSuitable for product or service related businesses
Would you like to double your profits? To do that could you sell twice as much, or manufacture twice as much?
Could your company grow to twice the size it is now within the same market?
Well guess what - you don't need to! By cutting your costs by just a small amount you could double your profits without needing a single new customer and without making a single extra product. You won't need to hire more people, enter new markets, or get a new premises - just focus on being more effective with what you already have. Cost Reduction training can make all of your business goals come true, and it could easily double your profits or 5x it in the experience of some of my clients!
In this course you'll learn practical techniques to identify wasted money in your company, detailed tips for analysing the effectiveness of your biggest costs, understand why you should increase your prices or reduce your quality, learn which of your customers are actually costing you money, and dealing with common problems of management and motivation. After this course your company will be lean, have highly profitable customers, and every part of the supply chain will contribute more effectively. In fact - you'll most likely be dealing with the most profit youve ever known! We look at lots of real life cost reduction examples (some of which will definitely get you laughing) and give you practical tools you can use right away to get better results in your organisation. Whether you're a small family business or a huge multinational this course will build essential skills for your long term growth and short term effectiveness.
In my opinion Cost Reduction is one of the most powerful and underestimated leadership and project management areas. Most companies focus entirely on selling and forget that there are millions of dollars left on the factors floor through inefficiencies and misunderstandings. So, I have created a step by step course you can use to analyse your business and cut out all the waste. Rest assured - you need not make your employees or customers unhappy using these techniques in fact most likely both will end up better off. Imagine if you only needed to work with your favourite customers, all your employees were highly motivated, and you could produce twice as much product at the same quality level? This course achieves that with simple, tried and tested ideas that have been working for decades.
Chris Croft is an international speaker, and widely published author, who's been teaching Cost Reduction to companies for over 20 years. He's taught all over the world, as well as online, and has an entertaining and practical teaching style. This course is guaranteed to keep you engaged and amused, and teach you life changing skills for home and work.
The course overview includes:
How to identify your most profitable customers, and which are costing you moneyShould you reduce or increase your quality?
Motivate your employees to go over and aboveHighlight missed opportunities to save thousandsUnderstand why a few costs make up most of your expenditureIdentify why a simple printer could be the most expensive item in your company And as always it's 100% practical, and with no technical jargon.
And lots lots more!
By becoming great at Cost Reduction, not only will you benefit from happier and easier customers, you'll also have made your company thousands in new savings and healthier margins!
This course comes with a 30 day money back guarantee Who this course is for:
People looking to double their profits through more effective management & costingAnyone managing a company or team (now or soon) - whether big or small... or self employedSomeone who wants to do Cost Reduction or management in their future careerBusinesses looking for inspiration on how to cut costs and stay competitiveSuitable for product or service related businesses
Instructor Details
- 4.6 Rating
97 Reviews
Chris Croft
Chris Croft is one of the UK's leading trainers and provides a wide variety of courses designed to involve, inspire and motivate people of all levels. To date Chris has trained some 87,000 people and enjoys a 94% rate of repeat business. Chris is also a successful author, with his first book 'Time Management' published in 1996 to wide acclaim and has since been followed by fourteen others. His tip of the month email goes out regularly to over 10,000 people. Chris is passionate about practical and fun education with courses that are memorable, entertaining and immediately actionable.
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