| Yeah, cost cutting is indeed the buzzword, but it is | | | | As a matter of fact, it is not advisable to cut short on |
| necessary to adopt the cost cutting measures at the | | | | investments made on office table, chairs, and other |
| right spots. Trying to implement measures in a way | | | | such items. On the contrary, cost cutting must be |
| that causes frustration amongst the staff members, is | | | | implemented on buying relatively low priority items like |
| never a great idea - so scaling down salaries of | | | | massive conference tables, furniture for waiting area, |
| employees must never be on the cards. | | | | cafeteria, waiting lounge etc. |
| Having said that, it is equally important to provide the | | | | One can also save on furniture items like magazine |
| employees with the needed infrastructure and it is | | | | racks and CD racks, because they don't add value to |
| highly impossible to save on items like PC, printers, | | | | the business. Consequently, trying to cut down total |
| routers, cables, power cords, furniture and similar items. | | | | maintenance and capital investment costs on such |
| But, there's a good margin to save on some of the | | | | things will never impact the employees. |
| office supply items, which aren't too important for the | | | | More so, it is necessary to keep a sharp eye on the |
| business. Sure thing, buying a sofa-set for the | | | | monthly supply expenditure and try to save as much |
| reception area may be necessary, but it is not too | | | | as possible on items like papers, pens, scribbling pads, |
| essential to buy a lavish one. One can always save | | | | clips, stapler pins, ink cartridges etc. |
| good amount of money on these items. | | | | |