September 10, 2023
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How To Reduce The Cost Of Doing Business

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Free Download How To Reduce The Cost Of Doing Business
Published 9/2023
MP4 | Video: h264, 1280×720 | Audio: AAC, 44.1 KHz
Language: English | Size: 3.72 GB | Duration: 11h 43m
Business cost reduction course: Learn the techniques to reduce your business costs and control your budgets, today!


What you’ll learn
How to reduce costs in your business
Techniques to reduce costs and keep them lower
Compensation, office, equipment etc. cost reduction activities
Risk, resource, ROI etc. considerations to be made
How to save your business money and control your budgets
Requirements
None
Description
The cost of doing business continues to rise, company by company, industry by industry, year on year. It is something being faced by businesses of all sizes, and to counteract this, they are looking at their P&L statements wondering where they can find savings. Luckily for them and for you, there are a number of areas on those P&Ls which can be targeted with precision to reduce costs in both the short and long term, to help keep those organizations on a stable footing.In this course, we will explore the range of options you have at your disposal when it comes to reducing the cost of doing business. From your compensation budget to equipment, 3rd parties to marketing, expenses and systems, there are so many options for you to explore. Within this course, we explore them ALL, looking at what they are, how you can practically deploy these and give a range of examples to back these up, with evidence.We also provide a range of tools, techniques and downloadable resources for you to use during and after the course, to plan and map out your approach, based on what works best for you. This course is all about giving you the huge range of options available, not telling you what YOU should do. We give you the power to decide what is best for you, based on all of the options we put on the table.We cover several business expense types, discuss the consdierations you need to make when approach these costs (such as risk, communication, timelines etc.) and break the course up with a range of examples, demonstrations and real life case studies – all with the aim of making this content accessible to all. If you want to save your organization money both today and in the future, this is the course for you.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 Purpose of the course
Lecture 3 How the course will run
Lecture 4 Scenario
Section 2: Steps to follow
Lecture 5 Prework questions
Lecture 6 Review P&L statement
Lecture 7 Conduct first analysis
Lecture 8 Make a plan
Section 3: Compensation
Lecture 9 Review of the findings
Lecture 10 Review all vacancies
Lecture 11 Freeze vacancies
Lecture 12 Cancel vacancies
Lecture 13 Review vacancies – example
Lecture 14 Review all job roles
Lecture 15 Review all roles – template example
Lecture 16 Review all job roles – conclusion
Lecture 17 Review all job roles – example
Lecture 18 FTE calculations
Lecture 19 FTE calculations – FTE calculator
Lecture 20 FTE calculations – analysis
Lecture 21 FTE calculations – recommendations
Lecture 22 FTE calculations – benefits and drawbacks
Lecture 23 Offshoring
Lecture 24 Offshoring – how to do it
Lecture 25 Offshoring – considerations
Lecture 26 Offshoring – example
Lecture 27 Automation
Lecture 28 Automation – case study
Lecture 29 Restructuring
Lecture 30 Restructuring – example
Lecture 31 Junior employee opportunities – examples
Lecture 32 Reduce use of contractors
Lecture 33 Reduce use of contractors – example
Lecture 34 Overtime – set the scene
Lecture 35 Overtime – the investigation
Lecture 36 Overtime – conclusions
Lecture 37 Overtime – delivery of change
Lecture 38 Overtime – outcome
Lecture 39 Performance related pay
Lecture 40 Additional – pay rise cut, freeze or delay
Lecture 41 Additional – bonus cut, freeze or delay
Lecture 42 Change bonus eligibility
Lecture 43 Additional – performance related to goals
Lecture 44 Additional – eliminate coordinator type roles
Lecture 45 Final comments
Section 4: Expenses
Lecture 46 Review of the findings
Lecture 47 Meet remotely
Lecture 48 Meet remotely – culture and benefits
Lecture 49 Change policies
Lecture 50 Change policies – list of policies
Lecture 51 Change policies – benefits and drawbacks
Lecture 52 Change training approach
Lecture 53 Additional options
Lecture 54 Final comments
Section 5: Office
Lecture 55 Review of the findings
Lecture 56 Go completely remote
Lecture 57 Go completely remote – considerations
Lecture 58 Adopt a hybrid approach
Lecture 59 Adopt a hybrid approach – costings
Lecture 60 Reform facilities management approach
Lecture 61 Reform facilities management approach – approach to take
Lecture 62 Reform supplies approach
Lecture 63 Final comments
Section 6: Systems & subscriptions
Lecture 64 Review of the findings
Lecture 65 Find alternative providers
Lecture 66 Find alternative providers – How?
Lecture 67 Find alternative providers – What?
Lecture 68 Find alternative providers – the results
Lecture 69 Merge systems
Lecture 70 Final comments
Section 7: Marketing & advertising
Lecture 71 Review of the findings
Lecture 72 Review performance
Lecture 73 Review performance of sales & social media
Lecture 74 Review performance – benefits and drawbacks
Lecture 75 Review the set up
Lecture 76 Review set up – 4 types
Lecture 77 Review set up – benefits and drawbacks
Lecture 78 Final comments
Section 8: 3rd parties
Lecture 79 Review of the findings
Lecture 80 Change contract approach
Lecture 81 Change contract approach – requirements
Lecture 82 Standard fixed term
Lecture 83 Alternative flexible term
Lecture 84 Standard plus
Lecture 85 Reward
Lecture 86 Change provider
Lecture 87 Change provider – the results
Lecture 88 Final comments
Section 9: Equipment
Lecture 89 Review of the findings
Lecture 90 Explore what we did
Lecture 91 Ask procurement team to reduce costs
Lecture 92 Change damage and loss policies
Lecture 93 Explore outsourcing of maintenance
Lecture 94 Final comments
Section 10: Considerations
Lecture 95 Risk
Lecture 96 Communication
Lecture 97 Timeframe
Lecture 98 Resourcing
Lecture 99 Need to invest – part 1
Lecture 100 Need to invest – part 2
Lecture 101 Need to invest – part 3
Lecture 102 ROI
Lecture 103 Market trends
Lecture 104 Long term planning
Lecture 105 Process improvement – part 1
Lecture 106 Process improvement – part 2
Lecture 107 Time for YOUR plan
Section 11: Close out
Lecture 108 Honest feedback & final thoughts
Lecture 109 Review of key learnings
Lecture 110 Thank you
Business Owners (all sizes),Business Improvement professionals,Project Managers,Finance Professionals,Management (anyone overseeing a budget),Anyone (anyone who wants to find ways to reduce costs for the business within which they work / own)
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