Cost-cutting (also known as “cost-saving”)–for both big and small businesses–is a necessary evil that comes to the forefront periodically—either because of a down economy or because of some challenge that’s more specific to your organization, such as the loss of a major customer or contract. It would be nice if every business grew at a predictable rate and spending never got ahead of income, but the reality is that every business has to go through the cost-cutting wringer now and [...]