Category: Tips
Make new items available for pre-order
Selling items before you have them in stock can be a great way to generate funds needed to order the inventory. Many companies do not have the cash flow available for inventory. Getting payment in advance from a customer can […] more
Money Saving Tip: Reuse paper as scrap paper
The typical office environment will generate a substantial amount of paper waste. Whenever possible, reuse the back of paper that is printed on one side only. Create a tray marked “scrap paper” near office machines in which to store your […] more
Replace fax machines with scanners
Remember that fax machines are making a telephone call. Faxing to long distance telephone numbers will incur a surcharge. You can save on the expense of faxing by scanning a document and sending it as an email attachment. Include a […] more
Limit business hours to the busiest and most productive time
You do not need to conform to the typical nine to five workweek. If you find that the largest amount of your customers arrive during the evenings, then think about closing during daytime hours. If all your business is carried […] more
Buy used office furniture to save on start up costs
Search for used or sometimes even free office furniture from Craigslist When setting up an office, do not blow your budget on brand new office furniture. Aim to keep your initial start up costs as low as possible. You […] more
Investigate the cause of products with high return rates
A typical return rate should be between 2-12% depending on your industry and what type of goods you are selling. If you have a product that has a higher return rate than the rest of your inventory, determine what factor […] more
