Cost Reduction Training As an example only, we have previously covered: What are expenses? The difference between ‘fixed costs’ and ‘controllable expenses’. Why budgets are important and who is accountable for them. How budgets are set and the consequences of ‘over spending’. How decisions in one area affect another. The consequences of buying out of habit. The impact of time, quality, and quantity. How much you need to save to make an impact. Who should monitor costs? What you can do to make a difference. How to make more profit by doing the same amount of work.