http://www.youngentrepreneur.com/blog/entrepreneur-university/how-to-do-an-annual-business-checkup-entrepreneur-university/ A website dedicated to reporting about young entrepreneurs and startups. Find inspiring stories about the next generation of entrepreneurs, as well as tips for how to start up, improve and grow. Thu, 24 May 2012 07:52:27 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.youngentrepreneur.com/blog/entrepreneur-university/how-to-do-an-annual-business-checkup-entrepreneur-university/#comment-2393 Lisa Jeffries Mon, 10 Nov 2008 22:22:23 +0000 http://www.youngentrepreneur.com/blog/2008/11/10/how-to-do-an-annual-business-checkup-entrepreneur-university/#comment-2393 I think another good thing to list would be to "audit" some of your expenses. When I took over finance for my family's firm, I uncovered hundreds (if not thousands) of dollars in wasteful billing that had gone on for years. It makes me sick to think of the thousands wasted. This includes: long distance companies billing us at the wrong rate, paying $15.00/mo. for two 1-800-numbers we were unaware we owned, "minimum order fee"s that our long-time partners were more than happy to remove/waive permanently, etc. I think another good thing to list would be to “audit” some of your expenses. When I took over finance for my family’s firm, I uncovered hundreds (if not thousands) of dollars in wasteful billing that had gone on for years. It makes me sick to think of the thousands wasted. This includes: long distance companies billing us at the wrong rate, paying $15.00/mo. for two 1-800-numbers we were unaware we owned, “minimum order fee”s that our long-time partners were more than happy to remove/waive permanently, etc.

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