-
Biggest Expense Hole?
What is the biggest expense hole that you have plugged during the past year or so?
At our shop it was terminating a newcomer marketing program that brought no results…about a $2K annual waste of money.
-
7 Replies
-
We came up for renewal with our laundry provider. shopped several
options and then showed it to our current company, they matched prices
and it’s saved us over $200 per month!
-
Renegotiated my shop lease….6k saved
Sold some stuff and consolidated to discontinue using off site storage….1k
-
Gave the yellow pages the boot = $14,400 a year savings.
-
My employee of 10 years left for “greener” pastures. I thought this’d kill me,and my gross sales dropped some 40%! My supplies and tools always balance now and are accounted for every day. I have no more BS govt paperwork to fill,no workman’s comp,etc. I decided to go it alone for at least 1 year until the economy (hopefully) recovers. I have figured out I have saved 8000$ over the past 8 months, so more net profit even though gross sales are down 40%. Guess my guy wasn’t pulling his weight.
-
We have also decided to reduce/eliminate our yellow pages ad although we won’t see those savings until early next year. Our book offers free 1 line phone/address in bold in the yellow pages and the white pages, so customers can still find us.
I review our budgets on a monthly basis, so this is an on going review to determine what else we can reduce/eliminate to save money.
-
Let 2 inept techs go and hired one intellegent one to replace them. Saved over 5k in comebacks from the previous year.
-
I read you stopped using the yellow pages. I’ve been tempted, but
afraid of what might happen to the lead count. And, I’d be out for a
whole year – not like I could turn it back on in a month or two.
What did you find the impact to be when leaving the yellow pages? Any?
Why or why not?
Thanks.
Log in to reply.