When it comes to managing your company expenses, every little thing counts. After all, “small expenses” can add up to be huge sources of losses for your company. Take your office supplies, for instance. Although not part of your capital expenditures, these items form a significant part of your overhead and should, therefore, be managed efficiently.
Say, for example, your office has several correspondences, projects, and other tasks that need paper, adhesives, staples, and other everyday office items. You find yourself frequently running out of these things and subsequently needing to replenish your stocks. If you don’t manage these resources well, they could soon become an expensive chunk of your operations budget.