FREE TRIAL
Get a free 7 day trial of our telephone answering service. It will change your life!
Sign Up Now!Get a free 7 day trial of our telephone answering service. It will change your life!
Sign Up Now!Why not test out our first rate service. What do you have to lose?
Join Today!In these difficult times it is really important to keep your administration costs to an absolute minimum. This means regularly reviewing all of your office costs, utility costs and the cost of your head office and administration staff.
Fortunately with modern technology developing all of the time there are countless ways in which you can reduce costs and increase efficiencies.In addition, many of these technologies allow you to reduce the time it takes to get information they speed up reporting for your business.
In the modern business you really need to take a zero base budgeting style approach to your business. With zero base budgeting you start with a blank sheet, forget about historical relationships and look at what you would need to operate your business.
Think about the 80/20 rule and go for the 20% of processes that consume 80% of the resources. Here are some areas to consider.
You will be surprised at how much money you can potentially save by taking a logical unbiased look at your overheads and stripping back the unnecessary costs.
As with the 80/20 rule it is probably best to identify the costs that will have the biggest impact on the organisation and attack them first. You can then work you way down through the smaller items.
It will vary by business. It may be an idea to talk to other people in the industry and to get an idea of what rate their overheads are running at. Regardless of your industry you should be setting some aspirational targets for reductions.
A good starting point would be your external accountant. You could also talk to your IT support people or your website designer to get an idea of developments in their industries.
We would suggest conducting a review annually. You may not want to change things every year however it is a good idea to at least look at where the market is trending.
You can get on with growing your small business while we take control of answering your calls in a responsive and professional manner.
Sign Up!