Kudler Fine Foods: Cutting Cost and Expenditures

Kudler Fine Foods: Cutting Cost and Expenditures

  • Submitted By: barbaral83
  • Date Submitted: 02/20/2009 2:14 AM
  • Category: Business
  • Words: 273
  • Page: 2
  • Views: 519

Kudler Fine Foods: Cutting cost and Expenditures Barbara L. Carter University of Phoenix Kudler Fine Foods Cutting cost and expenditures What keeps a successful business going? A great financial plan and knowing how effectively to cut cost where needed by implementing cost effective measures that will allow businesses like Kudler Fine Foods as well as their customers stretch the dollar and get more bang for the buck. In order to increase business and cutback cost Kudler Fine Foods needs to first examine their estimated expenditures being the estimated cost based on a budget. The First priority of Kudler Fine Foods is to cease expansion until and operational budget can be devised thus eliminating the fluctuating cost in real estate and its potential market value. Cutting staffing isn’t the only way Kathy can reduce the amount of expenditures incurred; going green and creating an eco-friendly environment by using energy saving light bulbs to reduce the amount of energy used cutting cost drastically throughout the course of the year. Also remembering to remind team members to shut off computers and other technological devices as well as scaling back supplies would also allow Kathy to make more use of the dollar. Kathy on average spends $455,250.00 on vehicles and equipment the best way to slash the cost in half is to purchase gas efficient vehicles and purchased used store and office equipment for a third of the price.(Waters,2009) By implementing a workable budget and effectively cross-examining Kathy’s expenditures Kudler Fine Foods will surely increase their productivity and revenue creating possible advancement, more jobs and possible expansion. Works Cited

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