2,001 Innovative Ways to Save Your Company Thousands by Reducing Costs: A Complete Guide to Creative Cost Cutting And Boosting Profits [Paperback]

Cheryl L. Russell (Author)

Book Description

Publication Date: October 23, 2006

For the small business owner, every dollar you can save by reducing costs goes directly to the bottom line in increased profits. This new book details over 2,000 specific ways that your company can reduce costs today. This is not a theory book; there is practical advice on thousands of innovative ways to cut costs in every area of your business. Not only is the idea presented, but the pertinent information is provided such as contact information and Web sites for companies, products, or services recommended. We spent thousands of hours interviewing, e-mailing, and communicating with hundreds of today s most successful small business managers and owners. This book is a compilation of their secrets and proven successful ideas. If you are interested in learning thousands of hints, tricks, and secrets on how to reduce business expenses and increase your profits without increasing sales, then this book is for you. You will discover over 2,000 practical insider techniques and tips that have been gleaned from successful business operators from around the world and tested in real-life businesses applications. You can put this information in place today to reduce expenses and expand profits. Easy to read and understand, this step-by-step guide will take the mystery out of how to reduce costs in several critical areas: office, operations, labor, cost of goods sold, advertising, marketing, human resources, insurance, employee benefits, compensation, pension plans, training, accounting, software, Web site, mailing, shipping and receiving, rent, interest and debt, utilities, and hundreds more.

Editorial Reviews

Review

"[This book] provides the strategic outlook required for designing, implementing, training, and maintaining the performance appraisal process." --Denise S. Starcher, MBA, SPHR

About the Author

Stephanie Lyster is a Human Resources professional who has experience in the areas of recruitment, resource management, employee orientation and retention. Over the last five years she has created documentation for employee policy including job requirements, employee interview guides, sourcing and retention strategies. Presently, Stephanie is working with organizations to help create recruitment strategies that effectively attract and retain the right individuals. Stephanie has a BA in Social Science from the University of Western Ontario and she has completed a variety of post graduate courses including Organizational Behavior, Business Law, and Managing Human Resources.

Product Details

• Paperback: 352 pages
• Publisher: Atlantic Publishing Company (FL); illustrated edition edition (October 23, 2006)
• Language: English
• ISBN-10: 0910627770
• ISBN-13: 978-0910627771
• Product Dimensions: 9 x 6.4 x 0.8 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #956,231 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

2 of 3 people found the following review helpful:

5.0 out of 5 stars A comprehensive guide to maximizing savings, March 12, 2007

By 

B. Dale Mayer (BC, Canada) - See all my reviews
(REAL NAME)   

This review is from: 2,001 Innovative Ways to Save Your Company Thousands by Reducing Costs: A Complete Guide to Creative Cost Cutting And Boosting Profits (Paperback)

As a small business owner, I have often seen books on saving money. I've even read several of them. There seemed to be a common bank where the material was being drawn from as they all seemed to be shades of each other. There is also a common `100 ways to' theme for everything in today's world, so I was surprised at the title of this book. It seemed unrealistic. However, as I worked my way through the material and found much of the material that I expected but then there was the rest.

This book covers so much more than I anticipated. It's nicely laid out, breaking down the different areas where the savings can be found. It deals with cost cutting on the employee level, up to the department level, onto the industry level and then includes a section on the hidden or overlooked areas. The cost cutting includes the whole employee relations issues like staffing, employee benefits, trainings and employee productivity. In the second part the author moves onto ways to cut costs in various departments, including sales, shipping and receiving, accounting and production. At this point, the book becomes industry specific before going into areas that are often overlooked.

At the end of the book there is an interesting section on theft, outsourcing, and litigation and even about getting help from unexpected places. The author finishes with a chapter on checking on how successful the process was - a `health' check on the company afterwards. I'd definitely recommend this book for anyone looking for the tried and true and the innovative ways to save money in their business.

1 of 2 people found the following review helpful:

5.0 out of 5 stars A Thorough Examination on Profit Maximization, March 22, 2007

By 

K. Laing - See all my reviews
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This review is from: 2,001 Innovative Ways to Save Your Company Thousands by Reducing Costs: A Complete Guide to Creative Cost Cutting And Boosting Profits (Paperback)

Whether you are thinking of starting a new business or you work for or are in control of a major Fortune 500 company, this book should be on your shelves. It is a book that will cause the reader to readjust his/her way of thinking and encourage them to increase productivity in their lives as well as that of the business. One chapter that caught my attention immediately was the one focusing on "Customer Service", an area in which most companies have seemed to fall short on in most recent years. Ms. Russell tackles a very salient problem in the business community today. Customers are lost every day as a result of the poor quality of customer service in almost every industry. It is important to note however, that the quality of customer service is directly related to the morale and well being of the employees. Ms. Russell takes the time to even address specific industries and talk about outsourcing as an effective form of cutting costs, without increasing the debt in the long run. This book was organized so that the even the layman could understand, the Biz Wiz also helped clarify things that some would not understand so easily. I would recommend this book to a seasoned veteran as well as newcomers to the business industry.

1 of 2 people found the following review helpful:

5.0 out of 5 stars Maximize Your Profits, December 18, 2006

By 

Paige Jackson "Escape To Another World" (Texas, USA) - See all my reviews
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This review is from: 2,001 Innovative Ways to Save Your Company Thousands by Reducing Costs: A Complete Guide to Creative Cost Cutting And Boosting Profits (Paperback)

As a small business owner I purchased this book in hopes of finding new ways to trim my costs. Normally, a book like this one only has tips for giant corporations, not a small company like mine. This time I was pleasantly surprised. Sure there were tips for the big boys on matters from handling layoffs to offering stock or vacation time in lieu of cash bonuses. But there were also sections covering topics such as the home-based business, e-commerce, utilities, office supplies, and outsourcing. Specific industries covered included home office, manufacturing, restaurants, retail, healthcare, and educational environments. There is also a section devoted to the largest preventable expense a business must deal with - employee theft.

This book was laid out very logically, beginning with cutting costs related to the work force, since this is usually the first place that companies look to trim the fat. The book then went on to discuss individual departments, specific elements, hidden costs, and ended with ways to assess your efforts. In addition to the material covered in the book there was also a wealth of additional resources as the author gives website addresses and other sources that can be perused for further information. Real companies are used to illustrate points and if you find a situation you would like more information on you are given the tools to locate the information.

All in all, this was a very good read. There was a wealth of information covered and I found myself taking copious notes. My only complaint on this book was that the title states that the book covers 2,001 ways to save, and I have no way to know whether that is true or not. I would have liked to have seen the book include an index or listing numerically of each item. Something I could've made a copy of and kept by my desk. However, the author did cover a wealth of information with a lot of insight and a little bit of humor. Definitely a book I will read again.