5 Things Small Business Owners Can Do To Save Money
#3: Slash Small Expenses
The little things do add up quickly — and if you paid attention to them, you could avoid hundreds (or thousands) of dollars in monthly expenses. Before you make any cuts, check your monthly budget for wasteful activity and ask staff where they see leaks in company spending. Don’t neglect the minute details; some business owners found savings by replacing bottled water with a water cooler, using scanned documents instead of faxing them, or substituting Styrofoam plates with dishes and silverware. These small changes can greatly reduce your environmental impact while lowering monthly bills.
Today's tip brought to you by Mvelopes and Money4Life Coaching.