Wednesday, July 29, 2009

Indirect overhead costs - a profit opportunity?

Do we realize that a small amount of savings has a significant impact on profit. Consider this - if you save $10,000 a year in some area of expense (telecommunications, energy, supplies???). The impact that has on your business is the same as $100,000 in increased revenue if you are operating at 10% margins!

At BCM we specialize in savings our clients money. In the last three years, our clients have collectively saved well of 500,000 a year. Depending on the interest, I will, in the coming days and weeks, post some simple cost control strategies particularly focused at small business.

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