Labor is often the most expensive cost

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potentialfor revenue. When you actually look at the cost of a mobile app, you’ll quicklydiscover that you can afford it within your budget and still keep plenty ofcash in the bank. Depending on the use case, investing $500 or $5,000 per monthin a mobile app can generate a positive ROI within the first month of itslaunch. These are the top reasons why it’s important to go mobile during arecession: Reduce employment costs Lower training and development expensesBoost

employeeretention rates Increase productivity and maximize efficiencies Boost customer Jiangxi Mobile Phone Number List retention Increase sales and revenue Future-proof your business We’ll take acloser look at each of these benefits in greater detail below, using realnumbers and examples to highlight the importance of going mobile. This might bethe most important resource you read all year, as these principles cantransform your business for the foreseeable future. Mobile Apps ReduceEmployment

CostsThe costs associated with employee salaries and benefits are rising. InDecember 2022, wages and salaries were up 5.1% year-over-year, and employeebenefit costs were up 4.9%. In simple terms, your employees are getting moreexpensive. for businesses—accounting foras much as 70% of total spending. That’s why layoffs are commonly the firstmove for a business when recessions strike. However, simply cutting payrollcosts