When it comes to running and operating a business, it can be easy for staff to think that the business has as much money as Apple. After all, they only see a functioning business, not the logistics underneath or the late payment fees being charged every month.cx
Business owners, however, know that running a business is an expensive task. However, it doesn’t have to be. Below are some which can help you immediately reduce the cost of your monthly line items by simply making a few phone calls and speaking with service providers.
Consolidate Your Services
The chances are that you have amassed quite a collection of service providers during the lifetime of your business. And while they will all perform a crucial service to your business, if you combine multiple services with one provider you can save a lot of money each month.
For example, your telephone provider can provide these services to your business:
- Regular phone service
- Cloud-based PBX switchboard
- Manage your staff mobile devices
- Provide mobile internet solutions
- Design your website
- Host and manage your website
By rolling all of these services into one provider you can take advantage of serious multiple-service discounts which can be offered. Make a list of the services you need each month and speak with each of your providers about which ones they can also provide you with and what rates they can give.
Can You Tell the Difference?
What is the difference between a note written with a pen which cost 20 cents and one which costs $3? How about the difference between a binding folder made from the best paper money can buy and a regular binder? Of course, you can’t! However, this certainly doesn’t stop your employees from making purchases like this on your monthly stationery order.
Speak with your current provider about switching all of your products over to a generic brand which provides a basic level of product quality. The majority of stationery suppliers now offer their own brand of products which means that you can make even further savings each month.
Utilize Coupons
When you want to buy a new outfit or a new gadget, the first thing that you do it check places like the Groupon Coupons page for Microsoft Store to pick up great deals on the latest products. So why don’t you do the same for your office?
Platforms like Groupon aren’t reserved for individual buyers. If your office needs a new printer, look for a discount first. If you need a new coffee maker for your kitchen, check to see if you can find a coupon for it before you buy.
Whatever item your office needs, you can be sure that there is a discount or a coupon available for it.
These are just some of the great ways you can immediately save money on your monthly budget. In addition to these, take a serious look through your line items and get creative about what you can cut and where you can save. While your employees may not like that they can’t have fancy pens, they will also like that the cuts you made weren’t to their positions or salaries.
