October 19th, 2026.



Cost control and reduction of overheads play an important part in managing the margins of small businesses. 

- Get a better picture of your business finances. Analysing your expenditure and assessing your net margin are great places to start.

- When calculating your operating costs, remember to include all of your overhead costs such as rent and utilities.

- Once you have a clearer idea of what’s going on in your business, you can take action by switching to different utility or technology providers, for example. Try and encourage lower energy use within your business, and scrutinise costlier outgoings.

This quick guide from SmallBusiness.co.uk and purchasing service Companeo helps you consider your business spending and highlights areas where you can make some easy reductions.

1. Analyse your expenditure
This may sound obvious, but the expenditure of a business must be kept under control. Take stock and see where you can make cuts.

The profit and loss account of your business is the ideal place to start your analysis: it sets out all of the previous year’s expenditure and income. Identify the outgoings that you would like to reduce and those that you...


For the full story at smallbusiness.co.uk CLICK HERE.