Audits shouldn’t be marred by the terrifying experience associated with a government-mandated tax audit; they are a useful tool that businesses can and should use to save money in many different areas and departments. A proper audit will examine existing practices and conclude with areas of weakness that the business can focus on to improve its bottom line. As a result, audits should be a regular part of running a healthy company.
SEO Audit
Search Engine Optimisation is an essential part of doing business online. Simply put, it’s how your website and practices are tweaked in order for your site to get a more favorable placement on a search engine like Google. That’s putting it simply because there are many moving parts in SEO – everything from code to navigation to how your audience interacts with your site can impact how a search engine grades your company’s website. As a result, it’s extremely handy to regularly conduct SEO audits so you can make sure that your website is ticking all the boxes (preventing your competitors from getting there first). What’s more, these audits can be done with free online tools, so there’s no excuse not to check regularly.
Water Audit
Depending on where your business is located, you might be able to save money on your water rates by conducting a water audit. These audits take an in-depth look at your water rate history and typically conclude with a recommendation about how you can switch suppliers to save money. This is only possible in areas where water suppliers have been deregulated. The laws allowing businesses to choose business water rates Scotland have been in place since 2008 and in England since 2017.
Energy Audit
Another money-saving audit that is essential is an energy audit. An energy audit involves assessing current energy use in order to highlight inefficient areas of energy use – whether they’re departments, locations, or even people. After these inefficiencies are properly examined, further action can be taken. This can be diverse, including automating HVAC systems, installing insulation, double-glazing windows, or simply training employees.
Performance Audit
You will likely have important operations that you assume are working correctly to achieve their intended goals. A performance audit looks to make sure that these goals are actually being achieved and can be a very valuable tool as it can identify operations that are hindering the whole business. A good performance audit will include an assessment of the operation’s effectiveness, efficiency, and compliance and should hopefully culminate with practical recommendations.
Quality Control Audit
A QC audit looks at all the QC systems your business utilizes to make sure they are effective. QC is an important area to get right, as it is closely related to waste and efficiency across all business processes. It is also an area that’s very difficult to perfect – the closest you might get will be by being a black belt at Six Sigma, whereby you will be able to guide your company’s QC practices to make sure 99.99966% of all processes are free of defects.
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