As your business grows so do your investments and expenses. Capital expenses otherwise known as CapEx refer to the large-scale capital investments and projects that likely take up a sizable amount of your business’s annual budget.
- Topic:
- Property Management
Streamlining your facilities and building management is one of the most effective ways of reducing large costs to your operation. And there are some surprising ways that your current processes may be costing your business.
- Topic:
- Property Management
The retail sector has been leading the country’s economic recovery from lockdown, with essential services remaining open throughout and non-essential stores amongst the first public areas to reopen.
- Topic:
- Property Management
Commercial business premises may have been some of the most overlooked assets over the last year but the facilities maintenance equivalent of spring cleaning is more important than ever in 2021.
- Topic:
- Property Management
Any hospitality operator who sees facilities management simply as reactive property maintenance or enforced compliance is missing a chance to reduce their costs and boost their profits. And with controllable costs at an all-time high – standing at 52.5% of turnover in some sectors – there’s never been a more important time for the hospitality industry to focus on managing their outgoings.
- Topic:
- Property Management
During challenging trading times, controlling maintenance costs is absolutely imperative, particularly when the responsibility of running the day-to-day business is your main concern. Making the wrong decision in contractor selection, whether to repair or replace an asset, and other oversights with regards to maintenance issues, could be leaking money from your bottom line.
- Topic:
- Property Management
