No matter the size of the business you run, you no doubt spend considerable time every year looking for ways that you can cut costs and increase sales.
While there are plenty of strategies you can implement to get cash flow in tip-top shape, one that many entrepreneurs don’t concentrate on enough is reducing their staff turnover rate.
Having a high turnover of employees within a business can be a hidden cost, even though it typically costs a company thousands of dollars each time a member of the team quits.
