Advice on controlling your office budget.
Tips on how to stay on top of your office finances.
When you’re running a small or mid-sized office it is vital that you keep a good grasp on your finances. Keeping tabs on your outgoings can be a bit tricky however, not to mention actually reducing costs in the office.
With these factors in mind here is a short guide on saving money in the office:
Firstly, consider your energy consumption. Remember to switch off all lights and electrical equipment once the last person has left the office. However, it should be noted that some companies do leave lighting on after hours for security reasons.
You can also switch to energy efficient bulbs. These can significantly reduce the amount of energy that you use throughout your working day. Also consider your heating and cooling facilities. Don’t turn the radiators up to full if you know that the office will be too hot in a few hours and the air conditioning will need to be turned on. Work out a good temperature for the office and try to keep it at that level. During the summer months try to open windows rather than relying on air conditioning systems.
Water consumption is another element that many offices overlook. Encourage employees to turn off taps correctly in the kitchen and bathroom areas, it only requires a steady 5mm stream of water throughout the day to waste around 528,000 litres of water a year. In terms of money this could cost your company around £705.
Lastly, try not to overfill the kettle when you take your coffee break. It may sound ridiculous but over a year the amount of energy you waste due to this can cost you quite a bit of money.
Read Sunday’s blog for part 2 of ‘How to save money in the office’.