Part 5 of a 6 part series

Warning Signs:

• Increased administrative expenses.
• Increased overhead expenses.
• Significant adverse deviations from budget.
• Significant increase in a particular line item's cost.

Steps to Improve: PRINTING, RENT & MISC. COSTS

• Payroll Service: Farm out payroll chores to an outside automated service.
• Postage and Shipping: Analyze costs - what and how shipped, reimbursements.
• Printing: A do-it-yourself activity.
• Printing: Use the right printer.
• Printing: Control printing costs.
• Recruiting Fees: Seek alternatives to them such as networking, employees, schools.
• Rent: Sublet unused office space.
• Rent: Share your space.
• Rent: Renegotiate your lease to reduce your occupancy costs.
• Rent: Renegotiate lease terms to mesh with business cycles.
• Rent: Shift to short term leases to limit exposure.
• Rent: Work at home - look for write-offs.
• Rent: Allow virtual office at home; test employee productivity.