Look at Your Utilities

It is important to ensure that you are providing a comfortable and safe working environment for your staff and your customers. However, using programmable thermostats and controls can really help keep the costs down. Look into smart controls for heating and cooling and use timers where appropriate. It’s good for the environment and good for your pocket.

According to Nest,

“In the UK and Ireland, we calculated how much energy people would have used if they kept their homes at 20 ºC all the time and also if some of them turned the heating down to 9º C for seven hours at night.

When we compared data from real customers to the estimates above, we got these results:

UK customers saved 8.4% to 16.5%

Irish customers saved 9.6% to 18.1%”

 

The Right Stuff: Software & Hardware

Ask the right questions. What systems do you have in place already and what improvements need to be made? What do you need your software to do? Are links or API’s required to connect to existing systems or other software? Do some research on the best options for your budget and your business size. Find out what other businesses in your industry are using if you can.

Make a list of what you need and what you need your hardware to do. Note down the environment that each piece of hardware is required for; e.g. will it be used in the office, working from home or out in the field by an engineer or rep? If it is needed for mobile or portable use what are the battery life requirements? Will it be used indoors or outdoors – does it need to be rugged / waterproof?

Doing a bit of research before you buy can save you a lot of pain later and you can be confident that you’ve made a fully informed decision as well as reducing your costs.

Once you have a list of everything you need call the professionals in stacked for advice on the best options for your requirements and budget.

Track Your Spending

If possible, allocate one point of contact in your office for purchasing all of your office, IT and facilities & catering supplies. Admittedly, this can be awkward as requirements for these supplies cross over with different departments. However, if you open an account with a company like stacked that is in a position to supply all of your business needs, you will be more likely to reduce costs and make savings on your orders. When ordering everything together, higher discounts, when available, will apply.

You will also have more control over your spending as you will have better visibility of what’s being ordered, how often and how much is being spent. This will make it easier to identify areas for improvement.

You can set up reoccurring orders for things like catering and facilities supplies based on list of favourites or pre-approved products. The best part of setting up a purchasing process like this is that you will have your own account manager whose sole objective is to make sure you are getting the best prices on all of your products and that you don’t run out of stock of the essentials.

Set Up A Stacked Account

References;
https://www.moneycrashers.com/cost-cutting-ideas-small-business-expenses/
https://nest.com/ie/