Would you like to double your profits without doubling your workload? Most businesses assume they must sell more, hire more staff, expand into new markets, or invest in bigger premises to grow. In reality, you can dramatically increase profits simply by reducing costs. A small cut in unnecessary spending can have a powerful impact on your bottom line - often doubling profits without gaining a single new customer or producing one extra product.

Cost Reduction: Cut Costs and Maximise Profits
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Cost Reduction: Cut Costs and Maximise Profits
This course is part of Launch and Grow Your Business - Entrepreneurial Leadership Specialization

Instructor: Chris Croft
Included with
What you'll learn
Be flooded with ideas on how to cut your costs - the goal is to double your profits without any extra sales or customers
Look in detail at YOUR company costs/income - for example identify the most profitable customers and which to "fire", or learn where bottlenecks are
Build a motivated workforce and effective company culture so team/employees can give great service and be creative with new ideas
Details to know

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March 2026
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There are 4 modules in this course
Consider which areas are most effective for reducing your costs to maximise company profits. It might not be what you initially expected!
What's included
7 videos1 reading2 assignments
Labour can be a huge source of expense in a business, so let's look at where it can be reduced without damaging your customer experience.
What's included
11 videos5 readings2 assignments
Now let's turn our attention to other costs in the workplace - things like stock and quality. How can we optimise them for maximum profits?
What's included
13 videos3 readings3 assignments
Finally, here is a wrap up of how best to apply the principles to your business. It's time to take action and start cutting your costs in real life!
What's included
4 videos2 readings2 assignments
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Frequently asked questions
Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.
If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.
Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.
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