Illum – Budgeting for downtime

Downtime is the silent killer of margin. Professional accountants help businesses by calculating the full circle of sales with financial models, including the hidden absence costs.

Pre-production development valuing early intervention into leave issues effectively reduces the length and severity of absence. Flow on benefits from this approach provides calculations to reduce premium impacts by reducing claims.

A systematic approach to duration testing provides an economic advantage in financial and medical day reviews. A carry-on approach at all times is costly when the staff takes leave later.

Health and time management education remains essential in maintaining healthy production and final product sales.

Are you enjoying our short cartoons? You can help us to pay it forward by grabbing yours to add a touch of irony or humour to your next toolbox or in-house sensitive or complex topic. We sourced ours from The Masked Comic.

We hope you’re enjoying our Illum jottings, just a note though. The information provided here is intended for general informational and educational purposes only. While we aim for accuracy, we can’t guarantee that this content will apply to your specific situation—everyone’s circumstances are unique.

Illum’s is not a substitute for personalized advice from a qualified accountant, tax advisor, or any other professional. If you have questions specific to your individual circumstances, we strongly recommend consulting a professional for tailored advice.