Page 12 - Budgeting

Expense Reduction Tips

Comparison to
/dialogue with similar Looking within the Looking outside the Office space
Organization
Organization
organizations
• Employee benefits • Outsourcing options • Fee reduction • Telecommuting

• Vendors used • Salary analysis options with current option reduces

• Expense ratios • Ensure authorization vendors office space
• Expectation for levels for check • Require multiple bids • Sub-lease
future periods requests on all new opportunities for
• Preventive measures products/services unused space

for fraud above certain • During downturn in
threshold real estate, lock in

• Bring certain space at reduced
functions in-house rates