Reducing Business Expenses & Maximizing Profits for Success (Episode 14) #CreditChatLive

In this episode of #CreditChatLive, we sit down with Tim Ross, President of Level 5 Leadership Group and seasoned business growth expert, to explore strategies for reducing business expenses. Tim shares practical insights on how small business owners can identify areas of overspending, distinguish between essential and non-essential expenses, and adopt smart financial practices to ensure long-term success. Whether you’re just starting out or managing a thriving business, this conversation is packed with valuable tips to help you optimize your budget and grow your business.

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#CreditChat Live is a podcast series hosted by Experian, featuring expert insights on a variety of financial topics, from credit scores to debt management. Join co-hosts Destiny White and Christina Roman for enlightening discussions aimed at empowering you to achieve financial success. Join us in our evolution from the decade-long #CreditChat on X, hosted every Wednesday at 3 p.m. ET. Follow @Experian on X, @Experian.us on Instagram, and @ExperianNews on Facebook & TikTok for updates!

Check out the full video episode here!

About Tim Ross

Tim Ross brings 28 years of operational leadership experience, from managing personal ventures to overseeing a multi-unit retail region with over 150 business units across 11 states. Passionate about helping business owners succeed, he specializes in optimizing expenses to boost profitability. Tim collaborates with a team of expert analysts who offer free, no-risk expense audits to uncover cost-saving opportunities. On average, 80% of his clients save money, with a typical reduction of 28% in service costs. Married to his high school sweetheart for over 37 years, Tim has two children and two grandchildren.