The overhead costs of maintenance and repair can be significant if your company relies on vehicles or specialized equipment.
Delivery services, landscaping, and equipment rental businesses are examples.
Diminishing above with traveler vehicles, pickup trucks, and vans can be accomplished by changing to more eco-friendly models like diesels or cross breeds.
Leasing your equipment rather than purchasing it outright could also help you save money.
Another way to manage staffing requirements and reduce overhead costs in a dynamic business environment is to employ contract workers rather than employees.
Also, think about hiring people to work from home.
Reduced use of supplies like printer ink and toner is another way to reduce administrative overhead costs.
salaries, including wages and benefits, as well as office supplies and equipment like computers and copiers, etc.
Sadly, staff reduction is the easiest way to cut administrative costs when the economy is bad for businesses.
This is hard on employees and management, but it’s often necessary to keep the business going. If employees are willing to share jobs, switch to part-time work, or take unpaid leave, this can sometimes be avoided.
