Many businesses end up hurting themselves with unnecessary contracts and procedures. In this video, learn how to reduce laborious procedures with the aim of increasing productivity profit.
is bureaucracy. … And I must admit, this really is a pet hate of mine. (sighs) … So I want to say five things about bureaucracy, actually, … and the first one is contracts. … Do you have to have a massive, great legal contract? … Now, sometimes you do, it depends what it is. … But for example, Portsmouth Council … send me a 30 page contract … In fact, I get two copies of it, so 60 pages. … And it arrives in this great, big envelope. … And I have to sign one and post it back to them … at vast expense. … And the ridiculous thing about the contract is, … it makes them more liable than me. … So it says, if I cancel the course, and I don't turn up, … then I have to pay, but if they cancel the course, … they have to pay me. … Now, what's more likely? … 'Cause I'm not going to fail to turn up. … I'm always there, but they, every now and then, … have had to cancel courses for whatever reason. … And then, they've still got to pay me. … Whereas, if we didn't have a contract, … they would ring up and say, …
- Different cost areas affecting your business
- Comparing cost vs. income
- Enhancing your work environment
- Focusing on the most important management tasks
- Getting better deals on raw materials and labor
- Recognizing your optimum quality level
- The hidden costs of subcontracting
- Where to avoid cutting costs
- Top ten cost-cutting actions to take
Skill Level Beginner
What to expect1m 3s
1. What to Reduce
2. Reducing Labor Costs
3. Costs Other Than People
4. Top 10 Tips
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