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Cost reduction

We find controllable losses and calculate the impact of each measure in euros

Cost reduction starts with a diagnostic of the cost base of a running business. We find controllable losses in purchasing, staff, rent, logistics and processes, and calculate what each measure will save and what it will cost to implement. The result is a list of measures ranked by impact and an implementation plan — not across-the-board cuts that hurt quality and revenue.

Book an introductory callCall +34 604 47 00 91
by cost linepurchasing, staff, rent, processes
impact in eurosfor every measure
marginsby product and customer
Spain and the EUdocuments and meetings online
5.0Google reviews

Why “cut everything by 10%” does not work

Across-the-board cuts hit what makes money and barely touch the real losses: unfavourable contracts, loss-making products and customers, unnecessary operations. To cut costs without losing revenue, you first need to see what each product, customer and process really costs.

Where controllable losses usually hide

  1. Purchasing: supplier prices and terms have not been reviewed for a long time.
  2. Products and customers that are sold at a loss once all costs are counted.
  3. Leases and contracts that renew automatically on old terms.
  4. Staff: duplicated roles and work that could be reallocated.
  5. Processes that take hours but do not affect the result.

What you get

Cost structure and unit costs by product, customer or site.
Margins: what makes money and what is sold at a loss.
A list of cost-reduction measures with impact in euros and implementation cost.
Priorities: quick wins, measures for the quarter and decisions that need time.
An implementation plan and a few metrics that show costs are really coming down.
Vladislav Panchenko, Founder and CEO of Finetic Consulting

Who does the work

Vladislav Panchenko

Founder and CEO of Finetic Consulting

Over 30 years of executive experience in corporate finance and operations at major corporations and banks with annual revenues exceeding $1 billion: financial management, strategic planning, risk management and corporate restructuring.

30+ years in financeMaster’s in EconomicsFinance MBA
About the team →

Packages

Package A

Cost diagnostic

first paid step
  • Review of the accounts and main cost lines
  • Cost structure and the largest losses
  • List of quick measures with indicative impact

Not included: unit-cost calculation by product

Discuss package A →
Recommended
Package B

Unit costs and margins

core format
  • Unit costs and margins by product, customer or site
  • Supplier and landlord contracts: what to renegotiate and how
  • Measures with impact in euros and implementation cost
  • Prioritised implementation plan

Not included: support with implementation

Discuss package B
Package C

Implementation and control

ongoing support
  • Help in negotiations with suppliers — within agreed hours
  • Metrics and simple cost reporting
  • Monitoring implementation and adjusting the measures

Not included: We do not run the business for you

Discuss package C →

Each package includes everything in the previous one. We quote the price after the introductory call and a first look at the accounts.

How it works

Introductory call, 15–30 minutesthe business, main cost lines, choice of package
You send the accounts and cost data; we fix the scope, timing and price
Agreement and payment; work starts
Calculation of the cost structure and unit costs, search for losses
Walkthrough of the measures and implementation plan; in package C, monitoring

What clients say

We came to Finetic Consulting for a business plan and financial model for our project IMSKIPPER.NET. We liked how quickly Vladislav prepares documents and how deeply he works them through. It is comfortable to work together: every question can be discussed at online meetings while the work is in progress.
Georgy Im, owner of IMSKIPPER · Translated from Russian.
Google5.0 on GoogleRead the reviews on Google → Case studiesSelected case studiesWhat clients came with and what we did →

What we do not do

  • We do not carry out redundancies or employment procedures — that is the owner’s decision and work for a lawyer or gestor.
  • We do not switch suppliers for you: we provide the calculations and arguments for negotiations.
  • We do not guarantee the size of the savings: it depends on implementation. We are responsible for every measure being calculated on real figures.

15–30 minutes: your business, the main cost lines and the right package. We quote the price after a first look at the accounts.

Book an introductory callCall +34 604 47 00 91

Frequently asked questions

Where does cost reduction in a business start?

With the numbers: what each product, customer and process costs once all expenses are counted. Without that, cuts are made blind and often hit what makes money.

How much does a cost diagnostic cost?

It depends on the size of the business, the number of products and the volume of data. We quote the price after the introductory call and a first look at the accounts.

How is cost reduction different from a turnaround diagnostic?

A turnaround diagnostic is for when cash is short and speed matters: the focus is cash flow and first actions. Cost reduction is calmer work on profitability: unit costs, margins and fixed costs.

Do we have to cut staff?

No. Often the main losses are in purchasing, contracts, loss-making products and processes. Staffing decisions stay with the owner; we show what each function costs.

Can the work be done remotely?

Yes. Data and documents are handled online and findings are discussed by video call.

Related services

Turnaround diagnostic and cash-flow reviewWhere money is lost, a cash-gap map and the first actions.Learn more →Preparing a business for saleRisk map, data pack and arguments so the buyer cannot talk the price down.Learn more →
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