 Hey, everyone Ken Ross here and I'm a business consultant that specializes in cost reduction for businesses By taking a look at their business expenses and today I'm going to kind of break down one of my original videos that I started with which is how I want to help you save money Regardless of what it cost me and so today. I'm just going to talk a little bit in detail about step one right step one or it's a pre-step in some sense is is is Taking down an inventory of all of your fixed expenses Right all the different people that you pay so that you can start going through the steps in my process of reducing costs for some of your Expenses and so that pre-step is something I talked about very briefly in the first video and I'm actually going to put a Card up it's going to be on this side. I put the top here to my first video And that will kind of give you an overview of where we're going with this because I plan to produce a couple of other videos here That help explain this process in more detail and maybe even motivate you to start this right because it's very important that as a business owner that these details matter to you because if they don't matter to you they will get out of hand and you'll have no plan and You'll be looking for somebody to help you right and that someone usually is Right around the corner and they're not necessarily out to help you Unless you know some really good people in business or you have really good connections You're gonna go looking for someone and that someone's gonna be like I can't really help you with this and sign here Or do this or do that and then that may cost you even more money so you have to have a plan you have to be organized in some fashion as a business owner and This is what this is about for me. I want to really help you invest in at least some idea, right on How to best do this so the first step is is like I said a pre-step to the process of Reducing some costs and that's taking an inventory what I'd like you to do is I'd like to get out Maybe your whatever special program you like be at Excel if you like to do spreadsheets or word If you're if you're a person who likes to do word or notes for that matter like notepad or The notes app on your phone some way for you to take some good notes on Directly who to contact or who is your contacts for certain services write down every Provider of a service or every provider of a product who the contact is that you know as a business owner be at a Relationship expert or even an 800 number like say for your credit card bills for example That's not necessarily an expense or service. They a credit card would be considered a service. You do pay it, right? There is an interest rate So that would be a good a good candidate for this list But put down their 800 number to the customer support line That's a good start unless you have someone who issues you this card and can Be a liaison for that go ahead put that down But you should know who's providing a specific service So for instance in telecommunications when I started my business I actually reached out to several different telecommunications vendors and what I what I didn't want is to be just pushed to the 800 number I didn't want just to be another person in the in the in the blog of calls The little slog of calls whatever you want to call it of people trying to get service because that isn't going to be good service That's going to be the standard service. I need Exceptional service. I need service With a person that can understand my business who I'm trying to build a relationship with so I looked for people in business With Verizon that do business liaisons so I reached out to a few of those people and had someone reach back out to me and Kind of give me the overview of how Verizon business works sent me some information I had their phone number. I sent them several emails asking different questions and the like and that's how I got my Verizon wireless plan and that's why I offer a copy of my Verizon wireless build because most people when they go to create a Business and they go to get products or services They're just going to go to who they know or what they know That's easiest and that typically involves maybe a Google search or something like that. That's not what you need to do in this case Going forward. That's not what you want to do in this case going forward If you're looking to save money, you actually need someone to have skin in the game, right? So if you have just an 800 number for Verizon wireless or or AT&T or T-Mobile or whatever provider of service that you have That's a that's a start But you should have a goal in mind to to then change that right and then that's kind of getting into the next steps of The process, but I want to help you understand what it is you're trying to do So for every service or product that you have write down What you know about that service right who is a good contact person or What line is a good contact line or if there's an email address? What's a good email address to contact that particular vendor of your service and you may not even know so that may be another thing The best way for you to figure that out is to either like I said in the case of your credit card look on the back of your credit card There's a phone number on the bottom there put that phone number down Right or get a copy of your statement Open up that statement look at who it's from right the information on the back Write down the 800 number or the toll-free number on the back or the front of your statement somewhere on there It's going to be on there right you're going to write that information down in the case of other Products or other services. There's going to be a business owner who owns That business they may be on those statements or they may send you emails Annoy you to death in some sense because they put you on a mailing list write down The information that is in one of those emails and put it on your list This is the pre-step to saving money and your expenses because honestly you have to have a place to start right and Given that you know the internet is a great resource You could certainly try to do some good searches there, but that isn't going to get you Directly or closer to I'm sorry your target, which is I need to work on this bill or I need to work on this particular service or product that I'm offered and Who better the call than the number of the or the contact information Provided to you on your bill your statement on your invoice or whatever it is right That is what you need to do and in the next video. I'll start discussing some of the other steps To accomplishing that once you have that down So go ahead and start that process. I will be including in this in this description I'll link to some resources that I Feel are useful for this particular step and maybe even an example or two actually I will be providing an example Sorry, I will be providing an example on my website that will list. Hey, this is who my telecommunications vendor is This is who I use for this particular product or service. It's going to be an example though It's not going to be something that I particularly use but it's going to be something that you can at least Resonate with and start with and say hey, oh, I get that I know who I should put here and I who I can put here that will help you get kind of the juices flowing when it comes to I have a good list to start from right and and then we'll take the next step So with that I am Ken Ross. Please visit my website. I am Ken Ross calm Please comment down below on this video. Tell me what your thoughts are give me some thoughts on some other topics I know I have this goal my goal and I'll verbalize it now that I'm getting into this longer format Where I'm talking about certain steps in this process is to help 52 people regardless of what it cost me this year That's one a week. I'm not very good at that yet But I am working very hard with people out in the business world Trying to save them money What it regardless of cost to me and I do have ways that I can leverage some of the tools that I have That really help businesses save money and time also because this is going to take time right creating a list is not easy It's it's going to take some time. It's going to take some intentionality So I have Efficiencies when it comes to doing cost reduction in certain categories to then help optimize those things and save you a Lot of time that you don't need to spend doing some of this So certainly something to keep in mind as you're going through this as you listen to me talk about how the process works of saving Money would love to help you do that. So please comment down below What you think of this whole process which you're interested in hearing and until next time I'll see you around