Opus Energy

Carbon Trust

Firms prioritise business travel cutbacks

Reducing business travel costs is the top priority for small firms making cutbacks to survive the recession, according to electricity supplier Opus Energy. An Opus Energy survey of 500 small businesses found that 19% said cutting their travel costs was a priority, while only 18% listed cutbacks in advertising spend and 17% planned to reduce staff bonuses. The Association of Chartered Certified Accountants SME policy adviser Emmanouil Schizas said: “Businesses should review their travel costs and consider how much of their work could be done online and at home — which could save money on premises as well as on transport costs,” “They should also look at their advertising and calculate how much turnover they will need to make for their advertising spend to be worthwhi... »