Tuesday 2 November 2010

15 Steps Cut Cost and Make More


1.Implement a system that you only pay on purchase order
2.Value for money
3.Shop around for deals
4.Compare actual costs to your budget cost
5.Think outside the box to consider other options.
6.Continually review your standard providers for the best prices.
7.Review electricity costs with an energy audit.
8.Reign in the stationary bills.
9.Establish a travel policy.
10.Check bank charges & fees.
11.Review vehicle allowances
12.Establish boundaries for employee expense reimbursements
13.Make sure the invoices you pay are correct.
14.Beware of overcharging
15.Ensure that your petty cash has a monthly limit

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