How to run frugal yet successful business
The main reason why individuals come together to form a business is the notion that they can earn more by working together rather than alone. Pooling resources are one of the means through which more work can be done, and reducing costs is the other. In this sense, frugality is the cornerstone of any business endeavor. Therefore, every successful company is by definition a frugal one as well. Does this mean that becoming frugal is an automatic process? Not in the slightest.