Cut Overhead Costs: Part III

Assess Internet and telephone services.

With all of the new and exciting gadgets that come along, it’s easy to end up with a steep monthly bill.  Companies may have too many phone lines, excess cell phones and unneeded services.

At the same time, using Web video services like Skype may save you travel costs and make employees more productive.  Compare your services and equipment to actual usage patterns.  For example, are data packages really necessary or does your employee in the field just need to be able to call or text?

Some companies are finding their Facebook page more valuable in reaching customers than their stand-alone website, which may be rarely visited.  Use Google Analytics to evaluate whether you actually still need a website and the associated costs of hosting and maintenance.

Davis & Hodgdon Associates has been assisting businesses in the Burlington Vermont Metro area for more than 20 years. Our entrepreneurial advisory services include assistance with budgeting and reviewing overhead costs.  With the right tools and a dedication to using them you are armed for sustained success.  This is just one in a unique brand of services focused squarely on the needs of growing businesses. For more information please call 802.878.1963 or email [email protected].

For more tips on cutting overhead costs you can refer to:  http://www.dh-cpa.com/310 and http://www.dh-cpa.com/327.