Cut Overhead Costs: Part IV

Review insurance premiums.

The cost of insurance coverage, whether property, vehicle, health or worker’s comp, never seems to go down.  Hefty annual increases seem to be a given, and it’s easy to assume that’s just the way it is.

To be sure you are getting the best deal, get competitive quotes every couple of years.  One business owner reduced insurance bills 30 percent by switching companies even though his coverage stayed exactly the same.  His previous company had taken advatage of long-standing loyalty with rate creep.

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,  http://www.dh-cpa.com/327, and http://www.dh-cpa.com/330.