Finance tip: Food
Meal-sharing at the office. With most people eating lunch at work,there's a great opportunity to save some serious money by organising to split the cost of your meals between you and your colleagues. You could either pool your money and buy your meals in bulk, or alternate days on which one of you cooks for the group. You never know, if you really enjoy cooking, it could even turn into a chance to cook for your colleagues on a regular basis, and make some extra money on the side!
Business tip: Sales
Incentivise your staff to increase sales and profit. While this may seem obvious to those who have sales staff working on commission, there are other ways to implement this across all staff. One way could be to offer commission to non-sales staff if they bring in business (you'd be surprised how many contacts your other staff will suddenly have when they know there's money in it for them!). Another plan could be to set aside a percentage of profit, to be distributed amongst the staff on a monthy or quarterly basis. This will not only serve as an incentive for everyone to pull together to drive sales and revenue, but could also result in some innovative cost-saving ideas which, until now, your staff had never thought of mentioning...
No comments:
Post a Comment
What was the first thing that came to mind when you read this post?