According the Wall Street Journal, “Businesses are reducing office space, scaling back on consulting and opting for cheaper packaging of goods as they look to stay ahead of the downturn.

Although companies already were leaning more on cost savings to combat higher inflation, the threat of a recession has prompted a harder look at the finances for some firms.”

You can read more of of what they have to say, here.

 

Schooley Mitchell helps businesses reduce operational expenses and grow their bottom lines, keeping them strong even in the midst of economic hardships.