The Small Business Savings Plan: 101 Tactics for Controlling Costs and Boosting the Bottom Line

Overview

The Small Business Savings Plan is designed to create awareness of all the cutting-edge tactics at readers' disposal and offer adivce about how to put these strategies into practice. Surprisingly, the vast majority of smaller companies don't recognize how they can reduce costs. Certainly they monitor expenses, reduce payroll in tough times, shop for low-priced vendors, and take other standard actions, but they fail to capitalize on the myriad of tools at their disposal. Part of the problem is lack of awareness. ...
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Overview

The Small Business Savings Plan is designed to create awareness of all the cutting-edge tactics at readers' disposal and offer adivce about how to put these strategies into practice. Surprisingly, the vast majority of smaller companies don't recognize how they can reduce costs. Certainly they monitor expenses, reduce payroll in tough times, shop for low-priced vendors, and take other standard actions, but they fail to capitalize on the myriad of tools at their disposal. Part of the problem is lack of awareness. Author Tim Gase learned the hard way that controlling costs requires staying informed, thinking creatively, and working proactively no matter what type of business you're in. Based in part on his experiences as CEO of a small manufacturing company, The Small Business Savings Plan is filled with advice organized into accessible categories: employee benefits, taxes, utilities, capital investment strategies, and more.
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Product Details

  • ISBN-13: 9781419593918
  • Publisher: Kaplan Publishing
  • Publication date: 5/1/2007
  • Pages: 208
  • Product dimensions: 7.30 (w) x 9.00 (h) x 0.60 (d)

Meet the Author

Tim Gase has spent the past ten years working for Peerless Saw Company, a small manufacturing business, in Groveport, Ohio, the last seven years as co-owner. During that time, he helped grow the business from a $6.8 million company to one worth more than $10 million, dramatically improving the company's bottom line and net profit.

Prior to joining Peerless, Gase worked for Apex, a division of Cooper Industries, a $4 billion company, where he held eight positions over a twelve-year period, including Business Manager for three product lines with P&L responsibility for about $7 million in sales. He has an MBA from Ohio University.

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Table of Contents


Acknowledgments     v
Introduction     vii
There's No Time to Save Money Like the Present     1
The Recession Test and Other Consciousness-Raising Tools     13
Are Employee Benefits Benefiting You?     31
There's No Accounting for Waste     45
Money in the Bank     65
Utilize Savvy in Controlling Utility and Internet Costs     77
Employees: The Economics of Keeping the Good Ones and Losing the Bad Ones     87
Don't Sell Yourself Short: Controlling Sales and Marketing Costs     99
Avoid Manufacturing More Costs Than You Already Have     113
Capital Investments Versus Capital Punishment     127
Purchasing Everything from Cleaning Services to Coffee     141
Hidden Opportunities: The Savings That Exist Beneath the Surface     153
Indirect Strategies to Generate Savings     167
Afterword: So Much to Save, So Little Time to Save It     179
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  • Anonymous

    Posted March 12, 2009

    Extremely relevant in times like these

    This book is a must read for any business owner, purchasing manager or anyone in a business responsible for controlling costs. There are so many common sense ideas brought out in this book, it's worth its weight in gold.

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  • Anonymous

    Posted June 17, 2007

    Helpful Guide to Cutting Costs

    Mr. Gase has captured the essence of what is needed by small business managers in evaluating approaches to reducing needless expenses and ensuring that critical dollars are spent where most needed to maximize the bottom line. His in depth analysis provides an extremely helpful checklist approach to build an overall cost efficiency plan for today's small business owner/manager. A very easy read with an extemely valuable set of ideas and approaches to improving the bottom line!

    Was this review helpful? Yes  No   Report this review
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