Whether you are setting up a business or have been established for many years, you have likely implemented a few unnecessary things which are costing you money and time.
Don’t worry though, we’re going to shine a light on some of the areas you organize and by doing so, will help make your business big savings.
Hiring the wrong staff. The first thing you should cut is hiring the wrong type of staff. You should look at hiring multi-skilled employees, and here’s why. The biggest benefit is that they can fulfill multiple roles.
Let’s say you’re looking for a graphic designer and photographer for two separate roles where each employee’s salary would be $30,000. Instead of hiring two people and paying $60,000, hire one person and pay them $45,000.
Be sure to check that workloads won’t be affected, but if you can organize a clear plan for controlling that, this can save your business thousands.
Wasted office space. Cut unused space. In a world where remote working has become a standard offering do you really need a large multi-story office?
Giving up your office space in a prime location may seem a little drastic, but if your business is functioning without everyone needing to accommodate it you might want to look at downsizing.
If remote working permanently doesn’t seem appealing. . .