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10 Smart and Practical Ways to Cut Your Overhead Costs 1. Make a permanent shift to remote work. Making a permanent move to telecommuting for roles where it makes sense to do so can have a huge impact on your overhead costs. 2. Audit your software subscriptions. Many business owners rely on cloud-based tools to help manage their business, but you should periodically audit your recurring subscriptions. 3. Scale down your variable costs. In the current remote-work climate, variable costs like office supplies, business travel and food can often be cut or reduced. 4. Automate administrative tasks. Instead of hiring a part- or full-time administrative assistant to shift "back office" work off your plate, try to automate things like invoicing, appointment scheduling, client follow-up and other manual tasks. 5. Negotiate with vendors. Vendors and suppliers are often willing to help out their small business clients and cut them a break to weather the current economic climate. 6. Invest in culture to reduce turnover. 7. Evaluate your marketing strategy. Evaluate each channel to determine your ROI. 8. Tap into the gig economy. Qualified freelancers and independent contractors can help you affordably fill those gaps. 9. Go paperless. Try adopting a paperless, all-digital system 10. Hire an accountant ... A professional accountant can offer an objective analysis of your budget and potentially help you save even more on overhead costs.