As a business owner, how much stress would be released if you knew that you could save 25% on your business overheads? Or let me put it another way. If
your business’s overheads are $100,000 every year, how would you feel if you could pocket $25,000 just by making a few simple changes that won’t affect
the operation of your business? Here are 7 simple ways that you can minimize your business’s overheads in 2017.
Lighting usually accounts for 15% of the business’s total energy consumption costs. It’s not really something that can be minimized through a change of habit, but the consumption cost can be reduced by upgrading the lighting technology to LED light bulbs.
LED lights consume 90% less energy than traditional incandescent lights. Businesses that have made the switch report up to 60% annual energy savings. Furthermore, you might be eligible for some government schemes, which means you can receive discounts or rebates for the upgrade.
Members of your staff should all be an asset to your business. Those staff members who aren’t performing will continue to drain your organisation’s resources. You should review your current staff’s performance to see who is performing and how you can help them excel in their field.
If you find that your staff is underperforming, then you should look into ways to boost their performance. You could incentivize them with bonuses, different work tasks or gifts.
Another way is to improve their performance by encouraging them to improve their health with corporate wellness programs. This might involve food preparation or gym memberships.
It’s important to invest in technology that will allow you to automate processes and minimize overhead costs. You should consider automation tools that simplify:
Your business’s point of sale
For example, the online bookkeeping tool Xero will help minimize the amount of files that need to
be stored physically, reducing your printing, stationery and storage costs.
Many employers are reluctant to have their staff work remotely because they feel like their staff won’t be as productive. Remote working isn’t for everybody, however there are employees who thrive when working in a remote location. This can be done with your existing or external staff, which can greatly reduce office overheads in the long-term.
If you have any business peers, then see if you can invest in supplies or technology in bulk, which will allow you to get a discount. Many large businesses get discounts of up to 30% because they can purchase items in larger numbers. By becoming a part of a business cluster, your business can wield a similar negotiation power.
We mentioned earlier that 15% of energy costs are related to artificial light. You can reduce this cost even further by investing in a property that is designed to maximize the amount of natural light within the building, thus minimizing the requirements for artificial light.
Look for buildings that make good use of skylights, large open windows, mirrors and reflective objects.
Office overheads are expensive, but you can reduce these costs by sub-leasing unused office space, equipment or resources. Some businesses have been so successful that they found their sub-leasing efforts paid for all of their overheads.
These are a few clever ways you can minimize the overheads in your business. You don’t need to cop these expenses on the chin. Look at how you can be creative and start saving.
Friday, 10 March 2017
57 Manchester Road, Gymea NSW 2227
9am (sharp) - 10.30am
Non Member: $40 + gst
Business Member: $28 + gst (30% Member discount applies).
Please insert your PROMO CODE.
Carpark available, enter off The Kingsway
BizConnected is the networking division of ShireWomen. Our monthly meetings are a supportive assembly of peers with a common interest; a forum to connect,
share & collect information & services, and learn from topics & ideas to apply to your business.
Run monthly, 9 times per year, Coffee ‘n’ Connect are a unique way to make new connections and grow existing ones over coffee in an intimate group setting.
These short but powerful meetings have big outcomes. How long would it take you to meet 35 potential new clients? Months? Join us and achieve this
in just an hour and a half!
You will find a fresh approach to each event you attend. Supportive, short, sharp and effective - join us at our next event!
Additionally, in November each year we host our BizConnected Networking Finale. With double the attendees, you can expect to meet and expand connections, hear & learn from Guest Speaker/s on a topic or theme, enjoy great food, great company and leave feeling inspired & supported!
BizConnected is open to all (Men & Women) – there have always been MEN in ShireWoMEN. You don't have to be a Business Member of ShireWomen to attend our events and there is no joining fee BUT being a Business Member gives you many benefits online and offline including discounted tickets and extra promotional opportunities – be showcased at every event via our Members Displace table, enjoy our mini members expo at our Finale and have the opportunity to do a spotlight and plug events.
Find out the benefits of Membership here.
Would you like more information about BizConnected events? Email email@example.com
Having a good reason to lose weight is vital if you want to have any chance of reaching your goal. A lot of people decide “yep, I’m going to lose weight” but then not very long into it they give up, while others manage to keep going through thick and thin.
What sets people apart? Why do some succeed while others fail?
The answer lies in their reason for starting in the first place. Picture this, you go to the doctor or hopefully the naturopath and they say “look, if you don’t lose weight you’re going to be dead in 6 months”. How motivated do you think you would be lose weight and make sure you get it off.
Heaps… wouldn’t you.
Now picture this scenario. A person goes to the doctor or naturopath and they get told “your cholesterol’s a bit high I think you should lose some weight.” Is the motivation as high in this case. No it isn’t. There’s no immediate pain or fear of death to drive them.
So having a good reason can make all the difference. Now you don’t have to be in fear of your life to have motivation but you do need a reason that is causing you enough pain to push you along.
The pain doesn’t have to be physical, it can be emotional. You might be unhappy and depressed by the way you look, you may be sick and tired of being sick and tired. Or you may have a special occassion that you want to look a million dollars for.
Whatever the reason it has to cause you some pain if you fail to lose weight. This compelling reason is your motivator when things get tough, which they innevitably do. When you go off track or you’re being tempted by food you shouldn’t be eating you need to remind yourself why it is you trying to lose weight.
Once you do this it will evoke those painful feelings that drove you to start losing weight in the first place. And that’s usually enough to keep you track or put you back on.
So have a good think about why it is you want to lose weight. It needs to be more than just because you think you need to.
Want to know how to lose weight quickly, easily… and naturally! Then check out my Breakthrough Weight Loss Report
Until next time,
According to the 2016 Sensis Social Media Report, over 50 per cent of Australians check their social media accounts every day, with one quarter of these people checking it up to five times per day. Needless to say, if you are not using social media platforms to grow exposure of your brand you are missing out on a whole lot of potential customers.
What can be difficult is keeping up with the best way to use it, so let’s take a look at a few ideas which will help drive your business social media campaign in 2017.
The fast-paced, high turnover of social media trends and constantly changing algorithms within each platform, mean you must always be at the forefront
of what’s new to keep your business in the market. Staying up to date with such methods is key to growing your brand. Move with the times to stay ahead
of your competitors and let social media do all the work for you!
$20 will get you entry into the Tradies NRL Footy Tipping Competition. (Entry fee needs to be paid at Gymea or Caringbah Reception, Members Lounge at Tradies Gymea or Main Bar at Helensburgh)
$10 will get you entry into the Tradies Knock-Out Competition. (Entry fee needs to be paid at Gymea or Caringbah Reception, Members Lounge at Tradies Gymea or Main Bar at Helensburgh)
($30 total if you want to play both).
Below are the rules for the competitions;
Tip a Winner: 1 point(s)
Tip a Draw: Note: Based on the final match result. (Including extra time)
Perfect Round Bonus:
Note: Not allocated to Finals or State of Origin matches.
(Bye rounds not included)
Non-Submission: Lowest Round Score
Join Late: 0 points
Incorrect Tip: 0 point(s)
Tip Finals: NO
Tip State of Origin: NO
Join the Australian Kookaburra Kids Foundation with a exclusive charity dinner.
When: Wednesday 5th April
Where: NSW Parliament House - 6 Macquarie Street, Sydney
Limited Tickets Avaliable
You may be trying to work out whether the property market will increase, decrease or remain stable, or perhaps you are waiting for your personal circumstances to change.
No-one knows with certainty what the property market is going to do, however, in recent years, we have seen it going up, up, up, and you may have personal circumstances that make you currently ineligible to be approved for the amount you would like. However there is yet another factor that should be considered that many of you would be unaware of.
Lender and mortgage insurer rules are forever changing.
It could be the percentage against a property that they are willing to lend – owner occupied properties and/or investment properties, or it could be how they calculate how much you can afford to borrow– which is already a complicated series of formulas challenging than your actual take home pay minus actual expenses.
Recently the lenders have been tightening things up. Whilst interest rates are at an all time low – the calculations that are used as to how much you can borrow are becoming increasingly more challenging – hence how much you can borrow now, is a lot lower than how much you would have been able to borrow a year ago – even where all of your income and expenses remain exactly the same!
It helps to have a detailed analysis of your situation, and to discuss your goals. If you do want to enter into the property market and are able to – it might not necessarily see you with the same options now as it will in a year. We have several customers whom are now on tight deadlines, as they have existing pre approvals in place, however if these expire they will need to fall under the new tighter lending rules.
So if you need to plan ahead for your future property purchase, contact us at Bee Finance Savvy on 1300 140 554 or firstname.lastname@example.org
Article by Desiree Pasic of Bee Finance Savvy
Each Saturday - 1pm - 8am
To offer quality Australian farm-fresh produce direct to the consumer thereby increasing their nutritional intake of fresh, locally grown food and also to provide enhanced customer service with a range of foods and drink-related products.
We also aim to facilitate and support local community groups (throughout the Shire) and independent primary producers throughout NSW and add to the economic wellbeing of the Sutherland Shire community. Education of the community in the environmental aspects together with sustainable agriculture and recycling of green waste is also a strong part of our mission.
The 2nd Friday of each month at 9.30am
Free. Booking Required
Join other movie enthusiasts to view and then discuss a movie on the 2nd Friday of every month. To add to the sense of anticipation, the title is not revealed until the day.
A variety of movie genres are covered - contemporary, foreign language, black and white vintage classics and so on. Because of the range of films shown participants must be adults 18 years and over.
Enquiries can be directed to Sutherland Library on phone 9710 0351 or email email@example.com
Content & image source: Sutherland Shire Council
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