Change can be good.

As the person in charge of the budget it is essential that you put your company in the best position possible to hedge against contraction and be able to take advantage of growth opportunities. For example, if I show you how to reduce your electricity expenditures and you are disciplined enough to plow those savings into your cash reserves then you can develop systems to capture these savings across business units. Most people are aware that insurance companies change their prices. These companies increase their cost to cover future cost and to continue holding a strong financial position no matter what is happening. On the other side of that insurance companies may need a surge in policy holders or they have built up a solid cash reserve and drop their insurance policies cost. The people who shop their insurance around realize a savings almost every year. Make wise decisions and choose trustworthy providers. In general ensure that you are taking advantage of these market changes and use these savings to brighten your company’s future.