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There's no shortage of action in trying to keep your business cost. The primary challenge here is priority. It is best to focus on the simple and straightforward steps that could immediately save money. These include some obvious steps such as switching off the equipment that's no use, turning down the heating and get rid of unused telephone lines.

 

The next step is moving on the more substantial measures for cost control which requires a more thorough analysis like reducing the cost of payroll and making your production process become more efficient. The primary objective as of this moment is making your business become more efficient by further enhancing the way your business works. You may also think of moving to cheaper office or even introducing home working to be able to save on travel costs and reduce space requirements.

 

You may actually have an effective corporate cost control at www.corporatecostcontrol.com/about-us by following some simple steps below:

 

Number 1. Check supplier invoices for overcharging - you may have been billed twice for similar item or missed out on discounts. Well, do not sign that cheque until you're sure of what you're paying for.

 

Number 2. Reduce the communication costs - by using email if at all possible, use second class postage and use your corporate intranet in an effort to avoid repeating information as well as unnecessary meetings to save money. At later stage, you may think of switching to cheaper telecom supplier.

 

Number 3. Use energy efficiently - this will include not just heating your business premises at night, switching off computers and several other equipment when they're not in use but also, installing energy saving appliances.

 

Number 4. Reduce water waste - earlier this year, some sustainable business agency has pioneered on an online tool meant to help businesses to save water. It helps by identifying where and to how water is being used and treated.

 

Number 4. Reduce on transportation cost - you may do this easily actually by cycling or walking to walk, activities which are both good for your health and even saving you money on tube, bus and even rail travel. You may even consider to switch to a green vehicle in an effort to avoid congestion charge or improve the emissions standards of your car, which will later avoid LEZ or Low Emission Zone charge.

 

You may also want to change your business premises. Unemployment tax management is sometimes a good idea to consider whether you can stop on renting an office space and run the business right at your home or even moving to a cheaper premise.