Saving Big: Best Practices for Improving Profitability & Managing Costs

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84 pages
Pub: May 7, 2009
SKU: ig-cut

SAVING BIG: Best Practices for Improving Profitability & Managing Costs

Waste— every firm has it, but the smart firms know where it is and how to combat it.

There is no time like the present to rid your firm of waste. Streamlining operations and improving efficiency in all aspects of running your firm is always a good idea, but in the current economy, it’s paramount to getting and staying ahead. This book shows firm leaders where the money is leaving their firms and how they can better hang on to what money they have to improve cash flow, solvency, and their long-term chances of success.

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Format	Price
Electronic Copy (PDF) (ISBN 978-1-935527-00-8)	$145.00

Full Description

Waste— every firm has it, but the smart firms know where it is and how to combat it.

This publication examines the areas where firms can cut back on expenses to create a more streamlined, efficient, and cost-effective organization. From making the tough cuts to staff and benefits to reining in non-labor overhead expenses, this book takes a frank and pragmatic look at every place where money leaves a firm and offers solutions for how firm leaders can hang on to more of their hard-earned dollars.

Contents

Chapter 1: Introduction to Cost Cutting

The Primary Areas of Expenditure
Improving Cash Flow

Chapter 2: Controlling Labor Expenses

Unbillable Principals
Unnecessary Administrative Staff
Principal Salaries and Perks
Other Perks and Benefits
Unnecessary Overtime
Outside Business Consultants
Other Outside Professional Services
Expensive Insurance Policies
Too-Generous Health Insurance
To Hire or Fire?
Training Expenses
Getting into Offshoring

Chapter 3: Capping Overhead Expenses

Utilities
Rent and Leases
Moving Your Office
Office Supplies
Information Technology and Equipment
Branch Offices

Chapter 4: Managing Marketing Expenses

Should You Cut Marketing Staff?
Developing a Marketing Budget that Gets Results
What Firms are Doing Now

Chapter 5: Pruning Costs in Other Areas

Travel
Meetings and Time Management
Expense Reports

Chapter 6: Getting Back on Tack: Spending Wisely in a Tough Economy

Getting Your Firm’s Growth Back on Track
Surviving the Present, Protecting the Future
Conclusion

Resources

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