If your efforts to control facility operating costs for Branches have involved lots of work with limited results, you’re not alone. A recent study found that more than 50% of organizations averaged only a 2% reduction in total facility operating costs despite heroic cost-cutting efforts.
You can move beyond line-item budget reduction by implementing strategic cost control programs like preventive maintenance, which can improve results. However; your overall facility operating cost may not decrease as much as you like because the majority of your cost components (i.e. depreciation, taxes, utility rates and insurance) are out of your control.