5 ideas to cut costs without reducing staff

Companies are entities subject to market changes, a company that has good numbers can, in two years, become an unprofitable company. While there are benefits, it is not necessary to rethink your own strategies and look at the expense and income accounts, but when a difficult moment comes, the first solution is usually reduce staff.

Cut costs: 10 ideas to avoid reducing staff

Is downsizing the only solution to cut costs? Although it is the most common, the truth is that most experts point out that there are not many benefits it brings in the medium and long term.

Instead of reduce staff, or together with it if there is no other remedy, there are several things that can be done and that will mean significant savings for the company:

1. Review of services. Water, energy, Internet or telephone are needs of the company, and you cannot do without them, but there are many alternatives to save, on the one hand, for example, with flat rates. On the Internet and telephony, IP telephony is increasingly being used, which reduces costs and increases efficiency.
2. Office supplies. One of the elements in which more money is spent, and many times there is no control of consumables and others. What employee has not ever carried office paper, pens, or paper clips? It may seem like little money, but in an average company, these petty thefts represent a significant amount at the end of years. A tight control of the office supplies will suppose a great saving.
3. Diets and transportation. In principle, it can be thought that for many companies it is necessary for their workers to have this incentive and, it is true, that for commercials it is part of the job to spend fuel or have to stay in Hotels. But it is also true that between losing a job or having a reduction in allowances and transportation, almost all workers would choose the latter.
4. Organization. Many companies have a serious organization problem, which is what makes the benefits not as expected, the presence of too many personnel in a department that is I would manage the same with less, departments that are overloaded with work, workers who are not very clear who their immediate superior. A reorganization may be enough to improve the situation of the company, without reduce staff.

Cut costs, an option with many advantages

There are many things that can be done to make a business more efficient and, when a business is managed Well, in addition to being more "friendly" to the customer, costs are reduced without the need to reduce the template.