Expense Reduction Analysts guide to reducing costs in the categories of Property and Premises. Covers Energy and Utilities; Legal and Finance; Building Plant & Facilities Management
Expense Reduction Analysts guide to cost reduction in the area of Banking and Finance. Covers credit card transactions and fees; service charges and finance processes.
How to Calculate and Present Deep Retrofit Value [Executive Summary]Sustainable Brands
Energy efficiency is about more than energy, and deep energy retrofits, which achieve superior energy savings over conventional retrofits and can reduce a building’s energy consumption by 50 percent or more, offer bottom-line benefits for business beyond energy cost savings alone. They generate substantial additional value that is typically ignored: improved employee health, productivity, and satisfaction; bolstered leadership credentials and reputation; access to tax, finance, and entitlement subsidies; improved risk management; reductions in non-energy operating costs; and higher occupancies, tenant retention, rents, and sales prices.
The guide helps professionals move forward with and achieve their goals to build business value through highly efficient buildings. It also helps professionals better demonstrate the impact of deep energy retrofits to peers inside and outside their organization.
Energy Efficiency, Myths and MisperceptionsBetterBricks
Energy use in office buildings has long represented an excellent opportunity to reduce costs and build value. Now, with the growing influence of the sustainable building movement, changing dynamics in the marketplace, and greater attention to current and future energy costs, improving building performance is accelerating as a winning business strategy.
Tenant Focus: Winning Efficiency Projects in the Commercial SpaceZondits
A presentation and training on winning efficiency programs in the commercial tenant space. This training was part of NYSERDA's Commercial Tenant Outreach program.
Pathways To Scalability Scalable Residential RetrofittingRecurve
How Will Home Retrofitters Keep Pace with Explosive Demand? There is no silver bullet, but the Home Performance Industry will meet our climate and energy goals, while creating a sustainable industry providing good jobs and stimulus in our communities.
Expense Reduction Analysts guide to cost reduction in the area of Banking and Finance. Covers credit card transactions and fees; service charges and finance processes.
How to Calculate and Present Deep Retrofit Value [Executive Summary]Sustainable Brands
Energy efficiency is about more than energy, and deep energy retrofits, which achieve superior energy savings over conventional retrofits and can reduce a building’s energy consumption by 50 percent or more, offer bottom-line benefits for business beyond energy cost savings alone. They generate substantial additional value that is typically ignored: improved employee health, productivity, and satisfaction; bolstered leadership credentials and reputation; access to tax, finance, and entitlement subsidies; improved risk management; reductions in non-energy operating costs; and higher occupancies, tenant retention, rents, and sales prices.
The guide helps professionals move forward with and achieve their goals to build business value through highly efficient buildings. It also helps professionals better demonstrate the impact of deep energy retrofits to peers inside and outside their organization.
Energy Efficiency, Myths and MisperceptionsBetterBricks
Energy use in office buildings has long represented an excellent opportunity to reduce costs and build value. Now, with the growing influence of the sustainable building movement, changing dynamics in the marketplace, and greater attention to current and future energy costs, improving building performance is accelerating as a winning business strategy.
Tenant Focus: Winning Efficiency Projects in the Commercial SpaceZondits
A presentation and training on winning efficiency programs in the commercial tenant space. This training was part of NYSERDA's Commercial Tenant Outreach program.
Pathways To Scalability Scalable Residential RetrofittingRecurve
How Will Home Retrofitters Keep Pace with Explosive Demand? There is no silver bullet, but the Home Performance Industry will meet our climate and energy goals, while creating a sustainable industry providing good jobs and stimulus in our communities.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
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Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Memorandum Of Association Constitution of Company.ppt
Property And Premises
1. Is your business costing you?
find extra profit
A guide to reducing non-core operating costs
in the economic downturn
Issue 1: Property and Premises
Expense Reduction
Analysts
2. Introduction
Occupying, running and maintaining property is one of the largest
areas of expenditure for any business.
Whether you lease a state-of-the-art city It includes tips and advice on the
centre HQ, own a commercial unit on an out- following areas:
of-town business park or manage a multi-site
estate across the country, the cost of your • Energy and utilities – are you maximising
business premises will be a significant your chances of getting the best deal on
overhead. energy prices?
But the largest overheads can also offer the • Legal and finance – do you understand
most potential for savings. the terms under which you occupy your
property and are you up to speed with
As company directors come under increasing the latest tax developments?
pressure to reduce costs, this guide aims to
provide a range of practical advice, examples • Building, plant and facilities – are you
and market intelligence from experts in getting value for money from your
the field to help ensure your business is building services suppliers?
generating, not costing you, money when
it comes to property and premises.
02 Introduction
3. Energy and Utilities
The dynamics of the utility markets present an ongoing challenge
to businesses large and small, says Neil Middleton, and there have
been fundamental changes in the way energy is bought and sold
in recent years. It is therefore essential that companies take a
focused approach to energy procurement.
1 Show me the money 3 Effective portfolio management
Whilst it is important to make sure suppliers One method of keeping better control of your
are not building excessive margins into their energy costs, as the markets fluctuate, is to
offers when negotiating energy deals, many take a proactive stance towards managing
clients are not aware that it is actually the your portfolio of contracts. Particularly
wholesale cost of the energy component important for clients with multiple sites, are
itself which now makes up 70 per cent of the simple initiatives such as ensuring that all
end price. With energy prices now fluctuating contract renewal dates are aligned and
on an hourly basis, constant monitoring of implementing a consistent contract across
the market and careful timing of renewals the estate which can reap benefits not just
is the key to making real savings. in terms of cost but also internal admin/
accounting resources.
2 Timing is key
Traditionally, energy prices have been By checking and validating energy
negotiated in the weeks running up to bills to eliminate discrepancies as
a contract renewal. However, given the they are generated, Expense
volatility of the markets, the most Reduction Analysts can save
competitive rates are now seldom available between 3-5 per cent of your energy
just prior to contract renewal. In fact, it is costs. With Office of Government
now likely that your offer will increase in Commerce calculations estimating
price, or even be withdrawn, the closer the the average cost for a company to
deadline for acceptance comes. Clients process and pay an energy bill at
therefore need to time their renewals £65, this represents a saving of
carefully and be ready to make a quick between £1.95 - £3.25 per bill.
decision when the time is right.
Energy and Utilities 03
4. Legal and finance
“In testing economic times, both tenants and landlords have
much to gain from a review of the terms of commercial leases
and a creative approach to building occupation,” says Paul Giness.
1 Box Clever 2 It’s good to talk
Despite Government attempts to the It’s not just tenants that will be looking to
contrary, most commercial leases still provide achieve greater certainty and control over
for upwards-only rent reviews so tenants their finances; landlords will also want to
need to find creative solutions to their rental manage the risk of their tenants defaulting
commitments. This might include sub-letting or vacating a property. With rental values
part of the lease to generate an additional and overall demand falling, tenants are in a
income stream or reassigning the lease to strong position to negotiate an exchange of
another party, thereby transferring the goodwill with a landlord, which can deliver
obligation. benefits to both parties.
A client in Kent was reluctant to 3 Break out
move out of an inefficient, partly Break clauses allow parties the opportunity
used building because of potential to exit a long-term lease ahead of time.
dilapidations costs of £145,000. However, particularly in the current climate,
Through negotiation with the land- these can present a significant risk to land-
lord, Expense Reduction Analysts lords who suddenly find themselves saddled
were able to identify a no-cost exit with the liability of servicing, payment of
route based on the redevelopment empty rates and re-marketing a property
potential of the site, which reduced they thought would be occupied for some
the dilapidations to nil, allowed time. As a tenant, you can add value to a
closure of the office and secured landlord’s lease by suggesting the removal
wider business benefits and cost of a break clause in return for a cash flow
savings for the client. advantage such as a rent-free period.
04 Legal and finance
5. “Expense Reduction Analysts estimates that the removal of a
break clause that’s effective within the next three years, over a
lease term of at least six years, could result in an offer in today’s
market of two - six months rent free occupation.”
4 Avoid Empty Rates 5 Check your rating assessment
Tax relief for commercial property owners The rateable value of your property is based
and occupiers with vacant units was on a 5-yearly revaluation by the Valuation
significantly reduced in April 2008 in the Office – but don’t feel you have to accept it
biggest shake-up to the system since 1990. without question. There’s every opportunity
However, there are still ways to mitigate to appeal your rating assessment if you
the additional cost of maintaining an believe it is incorrect and, if successful,
empty, or partially vacant, building. the saving could be backdated to 2005
Consider a short-term let to another with interest.
commercial tenant as this reduces
outgoings and, following the sub-tenant’s Expense Reduction Analysts recently
vacation, it may be possible to re-apply saved a national education provider
for further empty rates relief. Further over £750,000 over a retrospective
scope to avoid empty rates charges is three-year period through a review
possible through charitable occupations of their square footage, altering the
or by declaring that the building cannot basis of their valuation and merging
be occupied, perhaps because it is in rating assessments into a much
disrepair or is not yet complete. reduced rateable value.
Due to individual site circumstances, it is always recommended to take
professional advice before taking any action of this sort.
The Dynamics of the Utility Market 05
6. Building, plant and facilities
management
The scope of the FM function is ever-widening as regulatory demands
increase and budgets come under pressure. FM professionals are
having to do more with less, says Ian Morrison, and, as a consequence,
value for money from suppliers is the order of the day.
1 Knowledge is power 3 Get more for your money
Too often, management of the effectiveness Every building needs ongoing maintenance
of a company’s FM function relies on of one sort or another and there are savings
anecdotal evidence rather than hard facts to be made not only in the cost of materials
about supplier performance. It’s vital that themselves but also in the way they are
organisations implement comprehensive procured. To ensure you get best value,
and uniform systems for the measurement consider putting in place value-added
of supply chain effectiveness so that procurement solutions such as a centralised
accurate data can be collated and purchasing function for all sites, a supplier
meaningful decisions made about the consolidation programme or a Vendor
renewal of contracts. Managed Inventory (VMI) solution whereby
a supplier might set up shop at your
2 Shop around premises and take on responsibility for
Relationships with FM supply chain partners maintaining an agreed inventory of
are becoming increasingly complex as a materials on site.
result of the trend towards ‘one-stop-shops’
whereby various services are grouped In Expense Reduction Analysts’
together in one contract under the umbrella experience, only 30 per cent or
of a single managing agent. Whilst there are less of supply chain contracts are
immediate resource benefits in dealing with reviewed/renewed annually. This
a single point of contact, single source supply means that, in the majority of cases,
chains are not necessarily the panacea they suppliers are not being held to
seem and clients need to ensure they have account on a regular basis for their
full visibility of the costs and value of each performance and clients do not
individual service provided. have adequate visibility of the
value they are delivering.
06 Building, plant and facilities management
7. We were able to make savings of £175,000 per annum for an
agricultural client supplying fresh produce to Tesco and Sainsbury’s
through the introduction of a VMI solution. This involved
establishing local stores for vital engineering consumables at
each of their sites, ensuring spare machinery parts were always
available and thereby reducing plant downtime.
Expense Reduction Analysts is the world’s Expense Reduction Analysts has 150
largest cost management consultancy and consultants across the UK, specialising
focuses on reducing non-core operating in more than 100 non-core business
costs for private, not-for-profit and public expenditure categories.
sector organisations.
Look out for future issues of these
Handling an annual supplier spend of cost reduction guides covering:
millions of pounds on behalf of clients
in all sectors, the consultants at Expense Issue 2 – Banking and Finance
Reduction Analysts use their significant Issue 3 – Back Office Functions
purchasing influence to achieve optimum
value from suppliers, often successfully For more information contact
retaining incumbents and using expert Expense Reduction Analysts
analysis and market intelligence to combat on: 02380 892 737
‘contract fatigue’.
or visit our website at:
www.erauk.net
The next step 07
8. find extra profit
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Germany Greece Hungary Jordan Italy Lebanon Luxembourg Mexico Morocco Netherlands
New Zealand Panama Portugal Spain Taiwan United Kingdom United States Uruguay
Expense Reduction
Analysts
www.erauk.net