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How To Save Company Budget During The Crisis

 

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The purpose of the budget is to define all expenses required to realize the company's objectives and goals and present any money being received to fund the company activity. During crisis it becomes very important to find ways to save the budget and rationally to re-assign funds to the most prioritized items. Use this checklist to learn how to save your company's budget and do not fall down during the crisis time.

You can download this template in VIP Team To Do List database format.


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HowToSaveCompanyBudgetDuringCrisis.zip 6,5 Kb


Order 750 checklists in MS Word and PDF printable format at $49.99 USD only. BUY NOW! 

Saving on energy

  • Reduce illumination of premises in the day-time
  • Use power saving technologies
  • Warm windows and walls
  • Install heat-insulated systems at the office
  • Reduce utilization of heaters and conditioners

Dismissing employee

  • Leave only key employees and managers at the office
  • Try to organize remote work for the rest employees

Seeking for premises with lower rent

  • Start to seek premises uptown
  • Define minimum requirements for premises
  • Find several variants and make a choice basing on the requirements

Making payments before the due date

  • Create a list of all payments for orders and services
  • Calculate the total amount to be paid
  • Check which invoices grant a discount for payments made before the due date
  • Pay these invoices first of all

Reducing quantity of trips

  • Make a list of planned oversee trips, conferences, etc.
  • Prioritize the list and define which trip can be cancelled
  • Book only economy class tickets

Seeking for sale and discounts

  • Buy furniture , equipment and office appliances which are "on sale"
  • Use your discount cards
  • Seek for cheaper office appliances in second hand stores

Establishing barter trade

  • Check if you can trade your goods or services by barter
  • Negotiate with your partners to establish barter trade relationships
  • Determine discounts , services or awards for barter trade

Inventorying

  • Make catalogue of all existing equipments and appliances at the office
  • Define which item in the catalogue can be sold out
  • Leave only those equipment which is necessary for office operating

Optimizing taxation

  • Audit your incomes
  • Pay only the taxes you have to pay
  • Receive authorized tax returns and compensations

Conduct audit of assets

  • Examine catalogue of all assists....
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