IT and Business Insights for SMB Solution Providers

Cutting Expenses in 2020 (from Live broadcast)

I "went live" today on Facebook, YouTube, etc.

Here's the recording:


We are in a very odd time. The stock market is "correcting." We don't know how long that will last or how bad it will be. We know it will end, but there's no way to know if it will end this week, this, month, or next year.

Then there's the Covid-19 virus. Lots of unknowns there. We know that will end, and probably in a few months simply because that's what happens with these viruses. But, again, we don't know.

Here's what we do know: This is a great time to look at cutting some costs. 

That's always a good idea, but it's particularly good if we have a longer-term financial downturn.

Best of all - here are ten tips that could permanently reduce your operating expenses without affecting your long-term operations. These tips fall into three categories: 1) Stop wasting money; 2) Take advantage of savings that are available; 3) Permanently reduce expenses going forward.

Here's the link re: Cancelled events:

Community link:

Online Conference:

Please like and share, if you like.

Leave comments on YouTube, Facebook, or here.

Thank you!


About the Author

Karl W. Palachuk, is a technology consultant, author, speaker, trainer, and coach. He is the author of fifteen books. He has built several successful businesses, including two managed services companies. His books include Managed Services in a Month and The Network Documentation Workbook. Karl is a frequent trainer and speaker in the SMB Community. His popular blog can be found at He has more than twenty years experience as an I.T. professional and serves on advisory panels for several hardware and software companies.

ChannelPro SMB Magazine

Get an edge on the competition

With each issue packed full of powerful news, reviews, analysis, and advice targeting IT channel professionals, ChannelPro-SMB will help you cultivate your SMB customers and run your business more profitably.