Unexpected Expenses or Hidden Costs

Unexpected Expenses or Hidden Costs

 

According to management performance’s specialist asserted Human resources management should be the most important followed is a financial management

 

While CFO draws up a financial planning for fiscal-year, an issue will be able to arise then organization not controlling that are an unexpected expenses or hidden costs

 

Now we are analyzing the article above-mentioned

 

As a resulted on statistic data of mine with the examined carefully from fifty businesses, it could be derived from an unexpected expense or hidden costs generated annually and which is from fifteen to thirty percent of total expenses. 

 

This issues also a difficult for every businessman; let’s make to walk around it

 

Firstly, I affirmed that the costly administrative must be autopsy or analyzed

 

It has a lot of items to spend and among of them as if administrative wage-fund, a rate of banking loans, transaction or dealing fees, and lubricant fees

 

Secondly, generated out of control costly from supply chains or competitive costs and advertising costs

 

Thirdly, exceeding overhaul expenses and a lot of repair expenditures regularly for machineries, production lines, equipments & assets   

 

How is the resolve it?