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Strategic Cost Management for the 21st Century: make a giant leap in 2016
In a literary review in 2009, the University of Salford stated: ‘An attempt to improve traditional cost management started in 1965… However, companies have been slow to implement new tools… There is...
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Cost reduction v strategic cost management in 30 seconds
Did you know that 70% of companies have no strategy for cost management or ongoing programme? How do you manage? A or B? A) Cost reduction Short term one-off projects Focused on an isolated business...
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For enduring performance it’s time to wake up and smell the coffee?
Major deflation of economic activity is being masked by aggressive central bank intervention worldwide, and that intervention cannot successfully mask the problem indefinitely. Organisations wanting...
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Deleveraging, devaluation and tough competition: how sustainable is your...
Major deflation of economic activity is being masked by aggressive central bank intervention worldwide, and that intervention cannot successfully mask the problem indefinitely. Organisations wanting...
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VISA Debit Merchant Fees in turmoil: A business owners’ survival guide
In anticipation of EU regulation to align charges for processing card payments in Europe, Visa and MasterCard are making changes to their transaction fees across all card types over the next 12-18...
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Cyber threat: a hidden risk that could bite you on the bum – fatally!
“Once bitten twice shy” goes the expression, but for some organisations there is no way back from a damaged reputation. Are you taking this risk as seriously as you should? In this article Ron Yellon,...
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Drive an extra £100,000 profit without troubling your Sales Director…
“Let’s suppose your gross profit is 25% and you have made a saving of £100,000 on your business costs. To make an equivalent profit through day-to-day operations, you would have to generate £400,000...
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Business supplies: announcing a Chamber Group Supply Deal and managed service...
Bedfordshire Chamber of Commerce in association with Auditel, the UK’s leading cost management specialists, has been working to bring to its members a totally new way of buying business supplies,...
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“Full steam ahead, Mr Christian!”
Image credit: thanks Unsplash.com In 2008, Oil was $147 a barrel and is now oscillating close to $30; Gas was £1 a therm, and it’s now 28p! Prompted by the “perfect storm” depressing energy prices...
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Competitive energy supplies when the computer says “No!”
There is a “perfect storm” depressing energy prices right now due to a number of global and domestic factors. In 2008 , Oil was $147 a barrel and is now oscillating around $30; while Gas was £1 a...
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Strategic Cost Management White Paper: Time to think outside the jar
The business world is constantly evolving and the way we approach costs has also changed. Business owners are increasingly looking for ways, strategically, to manage the full scope of their business...
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Empty property rates: Are you still paying these?
Vacant commercial property needn’t be a financial burden. Most ratepayers pay far more in empty property rates than they have to! There are usually several ways to reduce your empty property rates...
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