Week 41 Day 6 Action Items

Day 6

• [ ] Review and categorize your retail business expenses.
• [ ] Identify areas for cost reduction or optimization without compromising quality.

Review Revenue Sources

On Day 4, you reviewed your products for pricing adjustments. Review those same products from Day 4 for associated costs. What associated costs can you identify an opportunity for cost savings while maintain quality and value? List cost below to begin reviewing each cost.

• Associated Cost 1
• Associated Cost 2
• Associated Cost 3
• Associated Cost 4
• Associated Cost 5

Reflective Question: What associated costs did you identify as an opportunity for cost savings while maintaining quality and value? What changes will you begin to implement?

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