Former Ottawa Senators head coach Jacques Martin used to say, “Every goal you prevent is like two you don’t have to score.”
The same is true in business I think.
Here’s an example from one of my property manager clients:
Hey Bruce, here’s what I did for Fred (not his real name, ed).
Fred owns a triplex in Ottawa that has 4 gas meters: 1
meter does the furnace, the others do each of 3 hot water tanks.
currently pays all 4 gas bills on behalf of the building and his tenants.
Enbridge has a monthly fixed charge of
$20+HST per account so I had a gas technician disconnect 3 of his meters and run all the gas
through just 1 meter; then I cancelled his other 3 accounts.
It cost $800 to do it, but saves him $815/yr in service fees; now that’s a 100% pa ROI.
Not bad, huh Prof Bruce?
Not bad at all…
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