Administration Expenses (5 of 6): Printing, Rent & Misc. Costs - John M. Leask II CPA/ABV, CVA

Administration Expenses:

Part 5 of a 6 part series

Warning Signs:

    • Increased administrative expenses.
    • Increased overhead expenses.
    • Significant adverse deviations from budget.
    • Significant increase in a particular line item’s cost.

Steps to Improve: PRINTING, RENT & MISC. COSTS

  • Payroll Service: Farm out payroll chores to an outside automated service.
  • Postage and Shipping: Analyze costs – what and how shipped; reimbursements.
  • Printing: A do-it-yourself activity.
  • Printing: Use the right printer.
  • Printing: Control printing costs.
  • Recruiting Fees: Seek alternatives to them such as networking, employees, schools.
  • Rent: Sublet unused office space.
  • Rent: Share your space.
  • Rent: Renegotiate your lease to reduce your occupancy costs.
  • Rent: Renegotiate lease terms to mesh with business cycles.
  • Rent: Shift to short term leases to limit exposure.
  • Rent: Work at home – look for write-offs.
  • Rent: Allow virtual office at home; test employee productivity.

Back to The Business Doctor

>>Administration Expenses (1 of 6): Cutting Administration Expenses
>>Administration Expenses (2 of 6): Cutting Insurance Costs
>>Administration Expenses (3 of 6): Cutting Interest Charges & Legal Expenses
>>Administration Expenses (4 of 6): Cutting Supply & Telephone Costs
>>Administration Expenses (5 of 6): Printing, Rent & Misc. Costs
>>Administration Expenses (6 of 6): Training & Utility Costs