Simple Business Solutions Blog

Mobile phone expense reduction for businesses requires as much creativity as it does analytical ability. Here are four things to consider when determining how to reduce expenses for wireless telecom: 

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Some businesses are concerned that conducting a business cost reduction analysis might damage their relationships with existing suppliers. I too value loyalty in mutually beneficial long-term business relationships and have found that it is indeed possible to cut costs while strengthening relationships with trusted suppliers. 

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While eliminating errors and overcharges is an obvious and common sense approach to business cost reduction, it is also tedious and time-consuming labor. For most business owners with a crushing workload, scrutinizing every line item on several months’ worth of vendor bills is about as appealing as undergoing a root canal minus the Novocain. However, that’s exactly what I like to do (the analysis, not the root canal). 

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Brad Power had it right in his Harvard Business Review article Achieving Sustained Cost Reduction: “right sizing departmental silos usually doesn't affect the cost structure permanently. Because the underlying work hasn't gone away, the fat creeps back. The cost reductions last only until everyone goes back to their old ways. … To perennially keep costs down companies need to change the way that work is accomplished — the business processes of the organization.” 

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We all have trash. Taking out that trash isn’t anyone’s favorite task, but it’s necessary. Once the garbage is carted off, you probably don’t give it another thought. But maybe you should think about it. 

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If you’ve been following my blog, you understand the reasons you should use an expense reduction analyst for business cost reduction. But how do you select one? Here are 6 important elements to consider when choosing a business cost reduction consultant: 

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