Auditel Consultant:
Stephen Gaubert

‘The Business Club’ January Tip – Tips to manage your costs

20 Jan 2009 | Filed under: Cost Reduction, Press Release

In The Business Club’s North London January 2009 Newsletter Stephen Gaubert highlighted the need for SMEs to manage their costs, and set out some key things to look at, including seeking professional procurement advice.

‘As the Recession starts to bite all businesses should take the opportunity to review their essential overhead costs to ensure that they are getting best value. It is estimated that over 90% of businesses could reduce their annual overheads by at least 15% and with SME inflation running at nearly 10% there is no excuse for delay.

There are a number of key things to look at – these include checking the invoices against the agreement and Purchase Orders, diarise key renewal dates, compare prices in the market and with business partners, look at ways of reducing consumption and improving energy efficiency, and most importantly – seek professional procurement advice.

Stephen Gaubert from Auditel works on a no-saving, no-fee basis, is independent of all suppliers and has extensive market contacts. For January he is offering all Business Club members and visitors a ‘1 Minute Cost Health-check’ with 12 key questions to identify how effective they are at managing their own costs.’

To contact Stephen call 020 8482 1370 or 07785 340 280, email stephen.gaubert@auditel.co.uk or visit www.auditel.co.uk/stephengaubert