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Looking for ways to save money is often the bane of a small business owner’s existence and without smart spending at every opportunity, many small businesses are not able to stay afloat. Check out this presentation to see 9 simple and inexpensive ways you can cut down on the cost of operating a small business, without sacrificing the quality of your product or services.
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Get Work. Done.
9 Ways Small Business Owners Can Cut Costs without Sacrificing Quality
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Looking for ways to save
money is the bane of a small
business owner’s existence.
Yet the fact remains, without
smart spending at every
turn, many small businesses
are not able to stay afloat.
Take a look at these 9 simple
and inexpensive ways to cut
down on the cost of
operating a small business –
without sacrificing the
quality of your products or
services.
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Give your clients and
customers a slight discount
for switching from paper
billing to direct payment with
a system like Field Nation.
This will save you a lot in
paper costs, mailing
expenses, and the manpower
it takes to mail physical bills.
No more having to worry
about net 30, net 60, or net
never terms.
1Switch ToDigital Billing
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Millions of people are on social media and
use it for everything, from checking up
on friends to finding out the best deals in
their areas. Your Field Nation profile and
company page acts as a free digital
storefront where you can promote your
Facebook, Twitter, LinkedIn, or any other
platform page you have. You don’t need a
degree in marketing to know your
audience and engage with them – it’s as
simple as starting an interesting
conversation!
2Boost Your Social Media Marketing
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When was the last time you
sat down with your utility
bills and looked for areas to
save? It’s possible that some
of the things you are paying
for are not even being used,
and it is also possible that
you can bundle some of your
services for a better deal.
Reach out to your utility
companies and see what can
be done to save you some
extra cash each month.
3Revisit Utilities
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Find several complementary
companies with which you can
establish a mutual referral program
to promote each other and boost
your sales. It costs nothing but will
expand your marketing strategy to
reach even more people. It is also a
great way to show your own
customers that you want to help
them find answers to their needs,
even if it means going outside your
own company.
4Seek Partnerships
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Office equipment like printers,
fax machines, copiers, and
even computers can add up
quickly. Look into striking a deal
with a company that leases this
equipment so you can avoid
the upfront capital costs, and
easily find maintenance service
technicians in the Field Nation
marketplace to get these
machines up and running.
5Rent Or Lease Equipment
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For office items that you
want to own, like
furniture or the break
room refrigerator, look at
the used market before
buying anything new. You
may be able to purchase
everything you need for a
fraction of what it would
cost to buy it new.
6Buy Secondhand
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Allow an employee to spend
an hour or two every week
looking for the best deals for
your office needs. Have a list
of items that you purchase
often, like pens, paper, and
even air conditioner filters.
Join rewards and discount
programs at the retailers you
use the most. Shop around for
the best prices and save that
cash for other business
initiatives.
7 Go Deal-Seeking
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When possible, consider
alternative options for where
your employees work. Consider
co-working spaces or letting
employees work from home at
least part-time. It brings down
utility costs over time and can
also mean the need for less
physical office space, reducing
your overhead spending.
8ConsiderAlternative Work Options
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To stay on top of changing
technology, you need information
technology experts on hand.
However, this does not mean that
you need to find the budget to hire
IT pros full-time. By working with
one or more trusted IT contractors,
you’ll have reliable expert available
while paying for the service you
use without the overhead. Check
out Field Nation’s
listings of IT contractors from
across the nation.
9Hire ITContractors
9 Ways Small Business Owners Can Cut Costs – without Sacrificing Quality
Cut down on the cost of operating a small business without sacrificing quality with these top tips.
1 Switch to Digital Billing.
2 Boost Your Social Media Marketing.
3 Revisit Utilities.
4 Seek Partnerships.
5 Rent or Lease Equipment.
6 Buy Secondhand.
7 Go Deal-Seeking.
8 Consider Alternative Work Options.
9 Hire IT Contractors.
Field NationGet Work. Done.
