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Waste Removal
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Not all trash is created equal.
Understanding your waste stream is the key to
reducing your costs.
You need to consider these aspects of your waste stream:
- Trash type & landfill charges - Separate out solids (particularly
recyclables) and remove liquids from waste. Deal with hazardous materials
properly - but keep in mind that disposal costs are negotiable.
- Container type & hauling - When possible, use on-site compactors and
larger containers so you can decrease the volume of your waste and the frequency
of pick-ups.
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Utilities (Electricity / Gas / Fuel)
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Despite high prices at the gas pump and California's high-profile problems,
there are ways for you to reduce energy costs.
Points to consider:
- Electric rates are negotiable in several states. Even if energy has not
been deregulated in your state, your usage may allow you to switch to a
lower-cost rate plan.
- Utility bills often contain errors. Audits can recover credits of up to 5%.
- You can use a hedging strategy to manage energy costs. It is important to
consider the timing of your contracts; for example, you will generally have less
negotiating leverage for natural gas in the winter than in the summer.
- Investments in improving efficiency can reduce your costs significantly over
the long term.
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Services (Legal,
Accounting, etc.)
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Everything is negotiable.
You need to make sure you understand clearly what
you need - don't pay for more.
Points to consider:
- Most services, particularly specialized services like legal counsel and
accounting, are governed by sensitive relationships. Negotiation can seem
awkward -- but it is done.
- It is expensive for service providers to acquire new business - and most
profitable when they can maintain long-term relationships.
- Spending can be benchmarked, but it requires creativity. It is critical to
understand exactly what you get for your money.
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