In order to maximize the profitability of a furniture business, one of the main things you may need to do is to minimize the administrative costs. There are several strategies that you can use to minimize the administrative costs in a furniture business.
One strategy that you can use, to minimize the administrative costs in a furniture business is that of allocating some administrative tasks to the technical managers. Of course, this can cause poor performance in the business, if the technical managers to whom administrative tasks are allocated happen to be folks who lack the necessary administrative skills. A better alternative is to hire a few qualified administrators, and then have then perform a wide range of administrative duties.
Another strategy that you can use, to minimize the administrative costs in a furniture business is that of cutting down on the space that is used by administrative department. One scheme you can use here is that of adopting open-plan offices, which ultimately saves space usage a great deal.
While at it, you can outsource administrative tasks that are capable of being outsourced. IT administration support can, for instance, be obtained remotely from sites like Logmein123 rescue which is accessible through www.logmein.com among other sites. As numerous publications in business magazines such as Bloomberg suggest, outsourcing is a sound business practice, if done right.