PROGRAM F- MANAGING RECURRENT CORPORATE EXPENDITURES

Duration: 3 Fridays 

Some issues to consider are

• 10 most common examples of recurring expenses for businesses

1. Rent or mortgage

2. Utilities:

3. Employee salaries and wages:

4. Insurance premiums:

5. Loan payments:

6. Software subscriptions:

7. Office supplies:

• Routine maintenance and repairs:

1. Professional services:

2. Taxes:

Key guidelines to manage recurrent expenditure to address will include:

• Identify recurring expenses:

• Create a dedicated budget

• Create a dedicated budget:

• Automate payments:

• Regularly review spending:

• Consider consolidation:

• Renegotiate contracts:

• Utilize budgeting tools:

• Monitor for price increases

• Be proactive

• Strategies to Track and Manage Recurring Costs

• Audit or Review Recurring Expenses on a Regular Basis

• Analyze Your Annual Recurring Costs

• Consolidate or Renegotiate Expenses

• Clarify Expense Policy and Control Spending

• Automate Expense Management

At the end of the program participant should be able to manage recurrent expenditure, create a detailed budget that tracks regular expenses, automate payments for recurring bills, regularly review and analyze your spending patterns to identify potential cost-saving areas, and consider consolidating or renegotiating contracts for better deals on recurring services.