Reduce your business costs in 2024
Reduce your business costs in 2024, available at $19.99, has an average rating of 4.85, with 114 lectures, based on 56 reviews, and has 5625 subscribers.
You will learn about 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 This course is ideal for individuals who are Business Owners (all sizes) or Business Improvement professionals or Project Managers or Finance Professionals or Management (anyone overseeing a budget) or Anyone (anyone who wants to find ways to reduce costs for the business within which they work / own) It is particularly useful for Business Owners (all sizes) or Business Improvement professionals or Project Managers or Finance Professionals or Management (anyone overseeing a budget) or Anyone (anyone who wants to find ways to reduce costs for the business within which they work / own).
Enroll now: Reduce your business costs in 2024
Summary
Title: Reduce your business costs in 2024
Price: $19.99
Average Rating: 4.85
Number of Lectures: 114
Number of Published Lectures: 114
Number of Curriculum Items: 114
Number of Published Curriculum Objects: 114
Original Price: $94.99
Quality Status: approved
Status: Live
What You Will 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
Who Should Attend
- 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)
Target Audiences
- 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)
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.
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Lecture 2: Disclaimer
Lecture 3: Purpose of the course
Lecture 4: How the course will run
Lecture 5: Scenario
Chapter 2: Steps to follow
Lecture 1: Prework questions
Lecture 2: Review P&L statement
Lecture 3: Conduct first analysis
Lecture 4: Make a plan
Chapter 3: Compensation
Lecture 1: Review of the findings
Lecture 2: Review all vacancies
Lecture 3: Freeze vacancies
Lecture 4: Cancel vacancies
Lecture 5: Review vacancies – example
Lecture 6: Review all job roles
Lecture 7: Review all roles – template example
Lecture 8: Review all job roles – conclusion
Lecture 9: Review all job roles – example
Lecture 10: FTE calculations
Lecture 11: FTE calculations – FTE calculator
Lecture 12: FTE calculations – analysis
Lecture 13: FTE calculations – recommendations
Lecture 14: FTE calculations – benefits and drawbacks
Lecture 15: Offshoring
Lecture 16: Offshoring – how to do it
Lecture 17: Offshoring – considerations
Lecture 18: Offshoring – example
Lecture 19: Automation
Lecture 20: Automation: Considerations
Lecture 21: Automation – case study
Lecture 22: Restructuring
Lecture 23: Restructuring – example
Lecture 24: Junior employee opportunities
Lecture 25: Junior employee opportunities – examples
Lecture 26: Reduce use of contractors
Lecture 27: Reduce use of contractors – example
Lecture 28: Overtime – set the scene
Lecture 29: Overtime – the investigation
Lecture 30: Overtime – conclusions
Lecture 31: Overtime – delivery of change
Lecture 32: Overtime – outcome
Lecture 33: Performance related pay
Lecture 34: Additional – pay rise cut, freeze or delay
Lecture 35: Additional – bonus cut, freeze or delay
Lecture 36: Change bonus eligibility
Lecture 37: Additional – performance related to goals
Lecture 38: Additional – eliminate coordinator type roles
Lecture 39: Final comments
Chapter 4: Expenses
Lecture 1: Review of the findings
Lecture 2: Meet remotely
Lecture 3: Meet remotely – culture and benefits
Lecture 4: Change policies
Lecture 5: Change policies – list of policies
Lecture 6: Change policies – benefits and drawbacks
Lecture 7: Change training approach
Lecture 8: Additional options
Lecture 9: Final comments
Chapter 5: Office
Lecture 1: Review of the findings
Lecture 2: Go completely remote
Lecture 3: Go completely remote – considerations
Lecture 4: Adopt a hybrid approach
Lecture 5: Adopt a hybrid approach – costings
Lecture 6: Reform facilities management approach
Lecture 7: Reform facilities management approach – approach to take
Lecture 8: Reform supplies approach
Lecture 9: Final comments
Chapter 6: Systems & subscriptions
Lecture 1: Review of the findings
Lecture 2: Find alternative providers
Lecture 3: Find alternative providers – How?
Lecture 4: Find alternative providers – What?
Lecture 5: Find alternative providers – the results
Lecture 6: Merge systems
Lecture 7: Final comments
Chapter 7: Marketing & advertising
Lecture 1: Review of the findings
Lecture 2: Review performance
Lecture 3: Review performance of sales & social media
Lecture 4: Review performance – benefits and drawbacks
Lecture 5: Review the set up
Lecture 6: Review set up – 4 types
Lecture 7: Review set up – benefits and drawbacks
Lecture 8: Final comments
Chapter 8: 3rd parties
Lecture 1: Review of the findings
Lecture 2: Change contract approach
Lecture 3: Change contract approach – requirements
Lecture 4: Standard fixed term
Lecture 5: Alternative flexible term
Lecture 6: Standard plus
Lecture 7: Reward
Lecture 8: Change provider
Lecture 9: Change provider – the results
Lecture 10: Final comments
Chapter 9: Equipment
Instructors
-
Robert Chapman
Business Improvement Professional
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 0 votes
- 3 stars: 2 votes
- 4 stars: 11 votes
- 5 stars: 43 votes
Frequently Asked Questions
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