The answer is NO. Businesses have been confusing these two terms or combining them to save money, but this has in most cases, been unsuccessful. For a business owner to decide what he needs to do next, he needs to know the difference between the two: “Downscaling- reduce in size, scale, or extent.” “Cost Cutting- the reduction of costs” Here are 10 suggestions for Cutting Costs: Reduce unnecessary expenses like that unnecessary fast internet connection that is used for emaili

Having a POS system is very important and it doesn’t have to be expensive, it just needs to be efficient. When would you need a POS System? 1- If you sell stock items or services and want to have a quick and easy sales process 2- If you want to access your client and sales information easily 3- If you would like to keep track of daily, weekly or monthly takings on the till 4- If you prefer staying on top of your stock control, cash flow and sales 5- If you would want to simpl