When it comes to a small business, a penny saved truly is a penny earned - continually cutting costs, even in tiny ways, goes directly to your bottom line. And there are more ways to save money in your business than you even have time to learn about.
So we’ve chosen four areas that are ripe for cost savings if you follow our advice. And as you get into each area, you can probably come up with more of your own opportunities for savings:
1) Make easy moves to reduce office expenses
Look all around the office and you can find all sorts of expense-trimming options.
Metering postage is an often-neglected area that can yield great savings. One example: using a digital system by our sponsor Pitney-Bowes , a long-time industry leader, can save you at least 2.5% on your overall postage costs. The meters can keep track of exactly how much you are spending, ensuring that you never pay more than you need to for postage – and eliminating unnecessary trips to the post office.
And if you haven’t gotten around to it, start refilling and recycling your printer-ink cartridges through a pickup outfit such as Cartridge World. You can save about 50% on the cost of purchasing each new cartridge – and feel “green” as well by cutting your waste material.
2) Get tech savvy
Transfer your phone service to the internet through what’s known as Voice-Over Internet Protocol. The quality of the technology is getting better and better, and the costs are out-of-this-world low.
Author: The Sloan Brothers
Copyright 2009 StartupNation, LLC
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