There is no question, however, that the costs of compliance are significant. Frequently, these are costs related to increased overhead as a result of record-keeping requirements or reporting. Too often the activities that generate these costs are seen as separate from the operation of the company, rather than a part of the operation. When seen as organic to the business, opportunities will arise for turning costs into benefits. For instance, the record-keeping requirements related to VOCs can provide improved information related to usage rates and enable management to reduce costs, as well as pollution.
- Places:
- Southern California
Gerry Michael is a CPA/consultant who has focused his practice on the printing industry for nearly 35 years, first as the founder of GA Michael & Company, and later as Graphic Arts lead partner at Carlson Advisors. Currently, he is a consulting principal with the firm of Falco, Sult Inc., and works with printers across the country on management and strategic planning issues, and is a frequent speaker at industry meetings, and contributor to various industry publications.