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cost centers general expenses

Office Supplies

Courier Expenses - Overnight deliveries

Printing Costs

Fax Communications

Photocopiers

Cleaning Services

Energy Saving

Office
Fleet Management

Travel expenses

Waste Management

Building Costs Management

Spend Management - Purchasing

finance costs

Finance Costs

Capital and Operating Expenditure

Tax costs

Accounting & Cash Management

Start-up costs

Outsourcing activities

Labor costs
IT capex opex

Internet spending

Operation - Maintenance costs

Software Development cost

IT asset management

IT Capex and Opex

Document automation

IT Governance spending

IT Offshore operations

Open Source expenses

ERP Development expenses
CRM Development expenses

Outsourcing operations

PABX

Security

Storage - San costs

Telecom spending

VoiP

VPN costs

Mobile Wifi 2G 3G communications

Operational Capex / Opex

Management costs

Operational Costs

E-procurement

E-sourcing

CRM

Call-center expenses

Logistics & Supply Chain expenses

Maketing spending

Production operations expenditures

Packaging expenses
Freight costs
.

Cash Flow - How To Collect 98% Of Business Debts In 28 Days

The most common cause of businesses failing is a lack of cash flow. Cash flow is the money coming in, compared to money going out.

Your business plan will identify where, and when, your major business expenditures occur. These are unlikely times when your income is at a maximum.

Businesses often run into cash flow problems because their customers delay paying their bills, or when their customers cannot pay their bills at all.

Many individuals delay paying bills until they have to. All companies do this, because it improves their own cash flow position and because the companies that owe them money are doing the same thing.

When someone starts a business it usually comes as a surprise when debtors do not pay their bills on time. The company owing you money knows that you want to keep their business, so you are unlikely to chase them for debt collection immediately or aggressively.

The attitude your customers, your debtors, take is that your cash flow is your problem. If your company fails then there are plenty more suppliers they can turn to, and meanwhile the money they owe you is in their own bank account, earning interest. If your company fails, then they will have the use of your money for six months or more, while accountants pursue them for the debts.

There are 2 ways out:

1. You can delay paying your suppliers until you absolutely have to, i.e. pass the problem along the supply chain.

2. You can sell your debts to a finance company. This is called factoring.

The factoring company will buy your 100 dollars debt for between 75 and 98 dollars. The range varies with the likelihood that the factoring company will be able to get the debt paid. If you factor all of your debts after 21 or 28 days the factoring company will give you a better price than if you only sell them debts that have been outstanding for 6 months or more.

Factoring can mean the difference between your business thriving or folding because of the difference in cash flow it makes. Your income is predictable. Your cash flow is secure. You can pay your debts and sleep at night.

Factoring means that you collect less than the full amount of each invoice, but at least you get 98 cents on each dollar on time. Your profit margin may appear to be lower, but when you take loan charges necessary to cover your outstanding invoices into account, there may be little or no difference.

source : all-total

 

 

 

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Cost Cutting Actions - Cost Savings Measures

● Office supplies cost saving measures
● Courier expenses & Overnight deliveries Costs saving measures
● Printing Cost Saving solutions & tips
● How to cut the costs of your fax system
● Printers & Photocopiers cost saving Solutions
● Cleaning cost savings suggestions
● How to cut energy costs - Energy Cost Savings Initiatives
● How to cut office Costs
● Fleet Management cost saving opportunities
● Environmental Management - Waste Reduction Measures
● Building management and control systems costs saving examples
● Purchasing & Spend management Cost cutting & cost savings solutions
● How to track costs and optimize accounting costs
● Defending budgets with Activity-based Costing and Management ABC/ABM
● Capital and Operating Expenditure (Capex / Opex)
● How to optimize the Return on Investment ?
● Finance and Cash Management cost savings Measures
● Operational Costs Cost cutting Initiatives
● How to reduce the labour costs ?
● How to Dramatically increase employee productivity?
● Internet cost savings solutions
● IT operation and maintenance cost savings measures
● IT Software Developement Cost cutting measures
● IT Asset Management - Upgrades and Migration, Data Sharing and Integration Cost Cutting measures
● IT ROI - Return On Investment on Information Technology Opex / Capex
● Document Automation cost cutting solutions
● IT Outsourcing & IT Offshore initiatives
● Open Source cost Saving solutions
● ERP - Database - Data Warehouse - Cost Cutting
● Cost Saving Solutions
● CRM (Customer Relationship Management) Cost savings measures
● IT Outsourcing & IT offshore initiatives
● Security cost saving techniques
● STORAGE - SAN - NAS cost saving suggestions


● Bringing the costs and pricing of telecommunication down
● VoIP - Voice over IP Cost Cutting solutions
● VPN - Virtual Private Network cost savings measures
● Mobile - GSM - UMTS - WiFi - RFID - Satellite cost cutting solutions
● Enterprise Management cost cutting applications
● E-procurement cost saving solutions
● How to cut the Sourcing costs costs - Sourcing cost saving measures
● Call Center & Contact Center cost saving solutions
● Supply Chain Management cost cutting opportunities
Marketing cost saving measures
● Production Cost Savings measures
● How to reduce the Packaging Costs
● How to reduce the Freight costs
● How to reduce travel costs ?
● Cost cutting techniques for manufacturing companies
● Fleet Cost Reduction
● Office cost cutting tips
● How to reduce the labour costs
● How to Cut HR Costs
● Cutting cost hospital initiatives
● Cutting The Logistic Costs
● Cheap airfare Cheap ticket low cost flight
Cost saving purchasing to management
● Truck fleet money saving ideas
● Cost saving suggestions for safety
● Cutting ink costs
● Call Centers Cost Cutting suggestions
● Airline ticket saving ideas
● how to cut telecom costs with VoIP

● Cheap flights, low cost airline and low air fares tips

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