5 top tips for saving your company money
Transcript of 5 top tips for saving your company money
because with Banner you can 5 Top tips for saving your
company money
because with Banner you can
1. Switch that light off!
Utility bills can add up. Perhaps install a
light sensor so that when there is no
movement for over a set amount of time,
that the lights go off. Or have a stricter
policy on the last one to leave the building
and ensuring they turn off all the lights.
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A lot of people leave their PC’s on standby
overnight instead of shutting them down
and switching them off completely. If you
add up the number of staff that don’t turn off
their PC’s, multiply it by 5 days a week,
over a series of weeks; do the math; the
money soon adds up. Create a policy
encouraging staff to shut down their PC’s
completely at the end of the day.
because with Banner you can
2. Get together via webinar
Communication is key in companies, however it’s not always practical to meet face to face,
especially if colleagues are based miles apart. Therefore webinars are a great way of
having a meeting with multiple staff without the cost of staff having to travel to a certain
place, and potentially having to stay in a hotel. Staff can simply join the webinar from
wherever they’re based.
Webinars are a very handy tool, for business updates or special announcements and even
for quarterly team meetings. They can be arranged quickly and once the initial payment
has been made to the webinar supplier, there are no more costs involved to hold the
meetings.
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“Remove travel and
accommodation costs
with a webinar.”
because with Banner you can
3. Review your rates
Perhaps it’s time to review your
business rates and ensure you’re still
getting the best value for money. If you
rent the building from a landlord, try and
cut a deal to lower the rent you’re
paying. If you’re company has an
agreement with a taxi firm or a hotel
chain, it might be worth checking what
you’re paying and comparing it with
some other companies.
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Are you paying too
much on your taxi and
hotel agreements?
because with Banner you can
4. Send it second class
If the mail that you’re posting
is non-urgent, send it second
class rather than first class.
Over time this would create
huge savings for the
business.
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because with Banner you can
5. Are the business processes efficient enough?
It can be very worthwhile reviewing
processes and procedures within a
business. Over the months and years
technology can change and previous ways
of doing things can quickly become out-of-
date and time consuming. This can result in
costing the business money.
Specialised companies can come into a
business, review it, and suggest more
efficient ways of running the business. It
might be worth investing the money as it’s
often necessary to speculate before you
accumulate.
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Are you running your
business efficiently?
because with Banner you can
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