Tips for cost efficiency - Starting up
Plug those leakages to achieve cost efficiency and savings.
Ask yourself below questions to know if you are monitoring your costs well:
• Rentals: Did you measure the office you took on rent?
Did you know that: You could have negotiated good rate per sq. feet, but what if the landlord is charging you for more area than what the actual office space is?
• Manpower Cost: Do you evaluate various activities performed by your staff to check if there is any scope for improving efficiency, or eliminating unwanted tasks or automating mechanical processes? Read More
Plug those leakages to achieve cost efficiency and savings.
Ask yourself below questions to know if you are monitoring your costs well:
• Rentals: Did you measure the office you took on rent?
Did you know that: You could have negotiated good rate per sq. feet, but what if the landlord is charging you for more area than what the actual office space is?
• Manpower Cost: Do you evaluate various activities performed by your staff to check if there is any scope for improving efficiency, or eliminating unwanted tasks or automating mechanical processes? Read More
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