Knowing About the Clark Law Office

In these times of economic instability, it’s important to have a robust plan in place to cut operating costs and boost cash flow. Winning companies recognise that their company’s future is largely determined by today’s decisions, and, let’s face it, remaining alive in these difficult times can be a full-time job in and of itself. While some major changes might be required, don’t underestimate the effect of seemingly minor adjustments. These quick, easy-to-implement cost-cutting strategies provide law firms (or virtually any form of business) with a few cost-cutting options. Check The Clark Law Office.

To figure out where your money is going, run a “Historical Expense Data Report.” You will begin to gain a better understanding of where your company’s money is spent by keeping track of all your expenditures (no matter how minor they might appear). Calculated cost-cutting is much easier to implement until they’re visible in black and white.

Take a look at the costs of utilities. Energy conservation will help you save money on your utility bills while also improving your company’s “green” image. Upgrades to more energy-efficient fluorescent fixtures, programmable thermostats, motion light sensors, and a company order to switch off computers at night can all help save money. In the United States alone, it is estimated that $2.8 billion is spent per year on unnecessary energy costs due to machines sitting idle overnight. To put it in perspective, a company with 1,000 PCs left on overnight could save $28,000 per year if they were switched off after hours – not small change.

Reducing the cost of office supplies is a good idea. Examine previous invoices and pay special attention to the office supplies, which account for 80% of overall spending. Concentrate only on supplies that are absolutely necessary. Request bids from two or three vendors and compare prices. To prevent an overabundance of on-hand products, work with vendors to schedule timely shipments and restocks. Simple things like double-sided copying and reusing file folders will add up over time.