Operating Expenses Reduction Strategic Plan in 2010-2019
Reduced our expenses from $100,000 to $20,000 per year
We already have identified potential expenses for action items as well as potential revenue for each target market group we develop. Here we combine that information with our current operations to get a complete financial picture. Consider developing best-case and worst-case scenarios, +10% growth or -10% growth
Strategic Operating Expenses Reduction Plan in 2010-2020
- In Dec. 2019, we estimated our current operating expenses by forecasting each item based on how it increases to accommodate for the expected growth.
For the past 10 years, we never depend upon advertisement revenue. We reduced our expenses from $100,000 per year to $20,000-$35000 by involving young IT VOLUNTEERS or by providing incentive revenue shares participation such as if company grow, they grow.
- Our estimated bills (around $10,000/year) for server include domains, hosting, SSL and Security (virus)in 2010-2019
- These Bills were paid by our News sponsors, NRI Philanthropists, Entrepreneurs and NRI Business Directory Club memberes. Most of the time we also paid if short funds in any year
- IT Expenses are covered by involving IT professionals who like to help NRI Community by volunteer services. with the attraction of Company's incentive shares program.
- Other News Services and Video manpower are directly paid by NRI Philanthropists
NOTE:
- Agary Singh Grewal served free of charge for the past 20 years, including News, covered events, photos, writing articles and community services such as seniors, dispute cases, divorce and NRI 2nd young generation
- Other IT professional also provided their IT services free of charge in 2010-2019.
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