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Given the recent tougher economic times, we have "Bean Thinking"
about how we can help you reduce the impact a downturn in the
economy could have on your business. 

The elmination, or at least the reduction, of waste in a business can
have a significant impact on profitability and positions the
business much better as competition for work increases.
 
 
7 Deadly Wastes!

Processes either add 'value' or 'waste' to the production of an item or service. Waste can
account for up to 30% of the operating costs of an organisation. Unfortunately it has become
accepted by many that this is normal.  To combat the impact of this waste, most businesses
will devote more and more energy to increasing sales, however pushing more business through
an inefficient system makes no sense.

Toyota, the Japanese automobile manufacturer, after years of work to remove waste from their
business, identified seven common areas of waste.

The 7 Deadly Wastes are:

1. Overproduction

2. Waiting

3. Transporting

4. Inappropriate Processing

5. Unnecessary Inventory

6. Unnecessary Motions

7. Defects  

Click here to find our more about the 7 Deadly Wastes.

 
Bean Thinking About Something Else?
Past Newsletters

Bean Thinking...	Tips for businesses affected by the floods
Bean Thinking...	Budget 2010/11
Bean Thinking...	Henry Review
Bean Thinking...	Sustainable Competitive Advantage
Bean Thinking...	7 Deadly Wastes
Bean Thinking...	What-ifs
Bean Thinking Tax...	ATO Crackdown on Tax Debts!
Bean Thinking Tax...	R & D Tax Concessions
Bean Thinking Tax...	Recovery of Land Tax
Bean Thinking Tax...	Last Minute Tax Planning Tips
Bean Thinking Super...	Avoid Excess Super Contributions
Bean Thinking Real Estate...	Changes to Comission Structures
Bean Thinking Real Estate...	Benchmarks!
Bean Thinking Real Estate...	Purple Cows

Past Presentations

Bean Thinking Real Estate...	Good, Bad & Ugly: Real Estate Business
Bean Thinking Super...	Super + Borrowing = ?
Bean Thinking Super...	Borrowing inside Super "How does it work?"
Bean Thinking...	Goals & Strategies for 2010/11
Bean Thinking...	Tax Time for Unit Owners

 

UHY Haines Norton Brisbane Level 11, 42-60 Albert Street GPO Box 2876 Brisbane Qld 4000       P: 07 3210 5500 F: 07 3229 6174     E: brisbane@uhyhn.com.au www.uhyhnbrisbane.com.au UHY Haines Norton Gold Coast Level 9, 1 Corporate Court Bundall QLD 4217 P: 07 5510 4836 E: goldcoast@uhyhn.com.au

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