Top tips: Unearth hidden business costs!

Kyocera Document Solutions Australia Managing Director, David Finn has some insightful tips about identifying hidden business costs and managing them. 

We enjoy providing solutions to business and government organisations; the solutions are robust and large scale and they demand the best of our technology. Our technology delivers reliability and cost savings for the long run. Building on this experience, I’m excited to extend our range into the SOHO (Small Office Home Office) and SME market so that we offer the benefits around large scale needs to those of you working from home.

Feedback is encouraging. Our sales and channel partners have had a great response with our range of printers that have a low purchase price, low running costs, are easy to operate, reliable, long life, quiet and compact, making them the perfect choice for both SOHOs and SMEs.

Every business at some stage has to deal with the pressures of starting up and no matter how old your business is we all know the importance of cutting hidden and unnecessary costs.  Financial experts recommend a contingency sum of about 20% of profits be set aside to meet the unexpected, but I have some handy tips to help you identify these hidden costs before it’s too late.

1.      Renting Office Space

The decision to rent a business space is more daunting than expected. There is always an initial large cash outlay and thereafter a regular and unforgiving commitment. Read through the contract very carefully, you will be surprised what you may be responsible for.

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