Management Guide: Costs

Budgeting can be a headache at the best of times, but a series of legal changes to outgoings such as business rates, pensions, and the minimum wage are making the job harder. Karen Faux sets out the key changes in this series, as well as how to get smart with costs.

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Costs: Part 1 – Pensions - It’s automatic

In the first of a series on how to be smart with costs, Karen Faux reports on how settings are approaching pensions auto-enrolment

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Costs: Part 2 – Wages - Living standard

In the second part of our series explaining recent financial changes to hit the sector, Hannah Crown and Karen Faux look at the various scenarios possible for the new national living...

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Costs: Part 3: Business Rates - It's complicated

The Government’s plans for business rate relief for small companies garnered headlines, but with them come reforms making it harder to appeal. Karen Faux delves into the detail

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Costs: Part 4 - On a sick note

Recent changes to the law on sick pay have taken many businesses by surprise. Karen Faux investigates

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Costs: Part 5 - Temporary Staff - To the bank

Managers faced with staff shortages are reporting an increasing need for bank and agency staff. How can they be managed to help keep costs down? Karen Faux reports

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Costs: Part 6: Recovering Fees - In your debt

How can settings protect themselves from incurring unpaid fees? Is there any way to avoid taking bad debtors to the small claims court? Karen Faux reports

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Costs: Part 7 – On budget

In the latest part of her series on managing costs, Karen Faux explores how settings can get to grips with budgets

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Costs: Part 8 – Sustainability - Not costing the earth

‘Going green’ isn’t just a moral decision – it can be a good business move when energy savings are taken into account, finds Beena Hammond