Category: Tips
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
Have a Backup Plan
Be prepared for unexpected emergencies. In the event that some integral part of your business malfunctions, you need to adapt quickly. To save time and energy, have a backup plan in place that will allow you to maintain productivity, even […] more
Switch to a paperless office
Less clutter, waste and storage space needed when your small business makes the switch to a paperless office. Reduce printing, paper and storage costs by saving documents digitally. This is a helpful solution for documents such as invoices, which you […] more
Save Money – Skip the Warranty
Do not buy warranties Warranties fall into the category of spending extra money on a future event that is not guaranteed to occur, which should always be avoided. Warranties may seem like a good idea at the time, but are […] more
Compare the cost of leasing items versus buying it outright
At first, it may seem cheaper to lease items like large-scale machines, cars or trucks. If you intend to continue using these items over a long period of time, you may end up spending more than the actual cost to […] more
Turn off large machines when they are not in use
Large machines can use a lot of electricity or fuel. If they are sitting idle for long periods of time, they should be turned off. Even if you do not have any large machines, you can still save money on […] more
