Category: Tips
Monitor effectiveness of advertising campaigns
Many types of advertising do not work. You need to monitor the success rates of the ads you use and eliminate those that are not effective. Track the number of customers you normally have per day, and see if that […] more
Share office supplies and equipment
Perhaps your workers only print or make copies a few times per day? Depending on how often certain office items are being used, there may be no need to supply each desk with their own personal printer, calculator, computer or […] more
Expand your business with an online store
The cost of doing business online is much lower than brick and mortar retail. If you do not already sell products directly to consumers through an e-commerce website, you should start as soon as possible. Though you may pay some […] more
6 Things Small Business Can Avoid to Save Money
These six items are purchases, services or fees that you might be able to cancel or avoid in order to save money at your small business: No. 1 Cancel newspaper and magazine subscriptions If you have a lobby or waiting […] more
Reduce Long Term Debt Interest Charges
Small business should pay extra money toward the principle balance of large loans or lines of credit. When your business becomes extremely profitable and you find that you have extra money in the bank, start paying extra towards large debt […] more
Choose the highest deductible on your insurance premiums
To lower the cost you pay on commercial insurance, health insurance and employment practices liability insurance; select the highest deductibles the policy will allow. Higher deductibles mean less up front costs each month for insurance premiums. You should keep an […] more
