If you think that your company is profitable and does not have unnecessary cost, wait until I share my cost savings statistics with you. You perhaps, may discover that your company is much more profitable than you think.

For any company to perform at optimal profit, she must take her bottom line and topline with equal seriousness. Experience have shown that many potentially profitable businesses have turned loss-ridden due to poor and leaky cost structures. Some painfully spend between $2m and $5m for every $1m true cost incurred. As impossible as this may sound, it has been proved beyond reasonable doubts by the verifiable cost savings in the last 16 years which turned billions of excess costs into excess profits without compromising qualities and timelines. Unfortunately, only a few companies understand the magical strength of independent cost management by taking advantage of it to widen their profit margin even when income stagnates. There is no doubt that it is a good thing for companies to generate more income in a financial year, but doing so without adequate cost management measures is like “FETCHING WATER WITH A BASKET” which eventually fetches little or nothing. This explains why successful companies take cost intervention seriously to achieve their desired profit objectives.

Sustainable cost control measures must be in place to conserve values generated from business activities. Every avoidable cost constricts profit margin towards zero. This spells doom for businesses as going concerns and a total disregard to value-for-money principle because for cost to be avoidable or capable of being saved, it must be in excess of the value exchanged for it. Therefore, to maximize returns on investment for shareholders, management has a duty to always know their company’s true costs and true profits potential by continuously leveraging on scalable independent cost assurance services. The choice of cost assurance partner is crucial. For a business to achieve full cost management objective, she must choose a cost assurance partner whose service verifiably makes her spend less than she does without the partner.

Are you bothered about your company’s costs and you require scalable intervention? Your solution is a message or call away. It will be my pleasure to hear from you on this platform or through c.ogala@yahoo.com. You will discover how the time you used to read through this article is one of the best time ever used.