Louise Harnby and Denise Cowle chat about opportunity cost, and why editors and proofreaders need to keep an eye on this part of their business. Listen to find out more about:What opportunity cost isAn opportunity cost management frameworkKnowing your business goals and objectivesExample 1: Professional development Example 2: Software and toolsExample 3: CommunitySign up for alerts about our publicationsWant to hone your editorial business skills? Our actionable guides and workbooks will help you plan and implement a programme for business growth and development. Sign up for alerts and we'll let you know when our publications are live and how to order: https://view.flodesk.com/pages/646bf79c644615ff2d1ada1aSupport The Editing PodcastTip your hosts: Support Louise and Denise with a one-off tip of your choosing.theeditingpodcast.captivate.fm/supportJoin our Patreon community: Our patrons benefit from access to PDF transcripts for episodes featuring just Louise and Denise, and for some of our guest episodes. patreon.com/editingpodcastDenise and LouiseDenise Cowle: denisecowleeditorial.comLouise Harnby: harnby.co/fiction-editingMusic credit'Vivacity’ by Kevin MacLeodLink: https://filmmusic.io/song/4593-vivacityLicence: http://creativecommons.org/licenses/by/4.0/