Coal prices are up. Fuel costs are rising. Here’s what it means for your margins.
Tag archives: cost control
What £1.93 a litre is really costing your business
Rising fuel costs hit harder than most businesses expect. Here’s what to watch for.
How to lower your company costs long-term
Recently, we sent our team on a First Aid course. The majority of providers charged around £140 per person. But after a search, we found one reputable company that charged half that. Not only was it cheaper, but they came to us so we didn’t have to pay travel costs, the training was more intense, …
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The secret to cutting costs in your business
Recently, we wanted to recruit a new team member. We approached two recruitment firms. The one which was our first choice charged double the price of the other firm. The difference amounted to thousands of pounds. So what would you have done? Would you have swallowed the higher cost, to find the right person… …Or …
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The illusion of cost control
“It cost me a fortune!” A business associate of mine was incredulous. A few weeks ago, she’d told her 10-year-old that he could order a particular toy from Amazon. But the kid had apparently taken that as blanket consent to buy whatever he liked, and ordered a whole range of goodies – amounting to £370. …
Read this BEFORE paying your next bill
Years ago, I was talking to a client who boasted that he never paid the first price he was quoted for anything. It was a point of principle for him. So when we needed to raise our fees, I quoted him just a bit more than usual… …And allowed him to negotiate us down to …
