Whether it is new equipment, a sales trip, new employees or a new product development practice estimating how you think the investment will pay back.
This is not an excuse for more paperwork or controls, if it can’t be justified in a paragraph then it is probably not worth investing in it. Having a balanced discussion with your employees will help to set the right attitude towards spending money in your company, not that all expenses are going to be rejected out-of-hand but that expenses must help save time, save money, grow sales or grow profitability.
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