When it comes to
owning and/or operating a business, there are a lot of factors at play, and
they stand to make or break your business venture. Therefore, step one of
running a business is coming to terms with all of the ins and outs of day to
day operations and planning accordingly. Nowhere is this more evident, and more
important, that business expenses. “Ya gotta spend money t’ make money,” they
say, and it’s true. While it’s definitely possible to have a business that is
totally self-sufficient, this is simply not the norm, and business is a matter
of trading not just with your customer base, but also with other businesses.
Therefore, it helps to have some extra info in your pocket that can help you
cut costs without cutting corners. Cutting corners diminishes the quality of
your products and/or services, and that drives away business, so we can’t take
the easy way out here. Here are some ways to save on business expenses.
First and foremost,
simply know where to shop. Office Depot and Office Max offer you pretty
much any and all of the supplies your office will need, and at great prices,
and with frequent and deep discounts. Then, there’s Deluxe
for Business to supply you with business related documentation at a
fair price. This tip is instrumental in running a successful business. If
you’re working in retail, finding a decent wholesale distributor is essential
by the same token. You can also opt to use technology in your procurement process. For example, shopping online using a VPN to find discounts can help you save a lot of money.
Another way to save
on office expenses is to simply keep your eye on spending and seek to reduce
purchases when possible. A great example of this is printing. Most, if not all,
businesses do some printing, and we often do it the same way. All black text on
white paper. However, if you’re spending money on colored printing, you’re
making mistake number one. Simply print your logo in grayscale, for starters,
but giving yourself no choice is actually saving you even more money.Instead of
using an inkjet printer, switch to a laser printer, as you won’t have to
replace ink cartridges on the regular. There is a laser cartridge to worry
about, but you’re talking about a laser burning out vs a meager amount of ink
being used up. You’ll save tons by making the switch. Furthermore, simply
printing less, where possible, helps tremendously, and going paperless is where
you want to start.Printing financial documents is crucial, and there are other
situations worth violating the paperless “rule,” but take for example inter
office memos. These can be sent to employees via email, thus eliminating tons
of printing tasks. By the same token, offer customers paperless services like
invoices and ads.
About Debarpan Mukherjee
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