All too often people associate saving money with some form of self-sacrifice. The truth however is that when done effectively, saving money should save you time and effort at the same time.
Here are a few tips to consider to make saving money not just pain free but hassle free too!
- Businesses often forget that products such as Skype provide free phone and video calls. If your company is spending money on international phone calls, not only will you be able to video conference your savings will occur overnight.
- Take a close look at what you are paying for your utility bills. Providers are constantly fighting over one another for customers so use that to your advantage. Visit uSwitch for an easy to understand comparison of what is available to you.
- The Federation of Small Business can provide you with standardized legal documents and save you the hassle and stress of legal costs.
- When refurbishing your office space look for second hand bargains on the internet. Many items are barely used and sold off at a low cost because of the nuisance of storing it. Keep an eye out for offices that are closing nearby – you might get a load of furniture for free if they’re desperate to get rid of it.
- Use specific and targeted marketing campaigns to keep in touch with existing customers and entice new ones. Little green plane email campaign software makes the whole process a piece of cake and offers many other benefits.
- Utilize social media such as Facebook and Twitter. It is free to set up and can be a great way of engaging the public and getting your message across.
- Use your social network profiles and word of mouth instead of costly recruitment agencies. You’ll reach a larger pool of candidates and save some money.
- Shop around for the most suitable form of credit. Despite the current economic climate it is still possible to find good sources of credit at good rates and credit unions are always worth considering.
- Some forms of saving money can turn out to be a false economy. Whenever you consider making any changes within your business always invest a little time to research your options.
- Learn from other people successes and most importantly – learn from other people’s mistakes.
