A message to Business Owners & Energy Procurement Specialists.
These are unprecedented times, and there is no question that businesses of all sizes are facing a significant shock to the way they manage internal operations and engage their customers. What’s more, this global health crisis is going to get worse before it gets better.
As a result of COVID-19, topics like cost management, risk mitigation, childcare, payroll, and talent pools dominate just about every conversation I have these days. While daunting, this isn’t what keeps me up at night. Let me explain…
Running a business isn’t easy…
Running a business during a global pandemic is something I could have never imagined. Call it human nature, but I take some comfort in knowing when I have a solid pulse on matters within my true span of control – energy cost management being one of them.
As federal, state and local governments order companies to cease operations and consumers shelter-in-place to mitigate the spread of the pandemic, businesses are required to make very difficult decisions.
Many are focusing on making payroll, not picking a cost-effective supplier – as it should be. With that being said, I want business owners and procurement specialists to know that now is the time when “controlling the controllables” is the single most important strategy to employ when making decisions that will inevitably impact people and profit.
Control what you can control
Energy is a top expense for most brick and mortar businesses like restaurants, shopping malls, grocery stores, universities, and hospitals. Whether your company uses energy on a month-to-month plan with a utility, or you are in a current contract with a supplier, be sure your company isn’t overpaying for energy. Saving money on energy costs and ensuring long term budget stability is a business decision that you do have control over, though many companies don’t know it.
We hope that during these uncertain times, business owners and procurement specialists utilize companies like ours to gain peace of mind knowing that they are not overpaying for this significant operational expense.
Good luck out there and stay healthy!
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