Posts Tagged ‘Saving Money’
5 Free and Easy Ways to Promote Your Small Business Today
TWENTY MINUTES. THAT’S ALL YOU NEED. Ten minutes to read this blog. Ten minutes to carry out one of the five actions below. Time: twenty minutes. Cost: zero. Not too much to promote your business is it? OK, so let’s get on with this. Tell One Stranger You Meet About Your Business In a supermarket…
Read MoreCompany Savings: How to Find Deals on Business Equipment and Materials
Every dollar you save in business is one more dollar you don’t have to pay for. Earning revenue has a cost (sales, time, advertising, rebates, etc.) so being able to get the result of keeping some of it is incredibly beneficial. The question for many is how can one find good deals on necessary items…
Read More5 Tax Saving Tips Most Small Businesses Don’t Follow
Taxes are one of the biggest burdens facing small businesses. According to the Small Business Administration, many small businesses pay effective tax rates near 30%. Many financial experts argue that high taxes are killing small businesses. “The truly wealthy people pay nothing in taxes compared to me,” said Michael Fredrich, the owner of MCM Composites.…
Read More6 Easy Ways Your Business Can Save Money
Maintaining a healthy cash flow is something every business needs to prioritize. It’s not just something we should be looking at come tax time or end of the year either—reviewing smarter ways to save money is encouraged on a regular basis. Because technology is constantly progressing, the economic advantages are evolving and changing at incredible…
Read More10 Basic Tips to Reduce Costs and Grow Faster
When you’re starting a business, you want to make sure all your risk factors are under control. The old adage, “It’s better to be safe than sorry,” applies, and that justifies buying that extra computer or hiring a few more people on the team. But once the business gets moving, you have to start looking…
Read MoreA Small Business Workout: Get in Shape to Sell
It’s always a good idea to keep a regular check on the health of your business, but it’s vital if you are thinking of selling anytime soon. Taking the time out to analyze your expenses, crack down on cyber security, as well as outsourcing tasks and reducing piles of paperwork will really help to tone…
Read MoreTips to Stretch Your Trade Show Budget, Part 2
Even though trade shows have proven to be a lucrative and profitable option for many businesses, it is not uncommon for exhibitors to be working with a small budget. We established that you can save money by planning ahead to avoid late fees and by carefully analyzing which trade show to exhibit at. Here are…
Read MoreTips to Stretch Your Trade Show Budget, Part 1
Many businesses have come to realize that trade shows are an indispensable part of their marketing/sales process. Although there is a lot of value that comes with exhibiting at a trade show, businesses have to budget accordingly to make it a success. Here are tips on how you can save money on trade shows to…
Read More3 Marketing Tips on a Budget
According to a recent survey, only 15 percent of business owners spend more than $1,000 on marketing each month, while sole-proprietorships spend an average of just $290. In other words, chances are if you own a small business, you’re likely looking for ways to get the word out about your business without a large cash…
Read More5 Ways to Reduce Business Costs in 2016
There is no doubt that running a business is expensive. This is an inescapable truth of entrepreneurship. This doesn’t mean, however, that you can’t do anything to curb your overhead or that you have to accept the status quo. There are plenty of tricks you can use to reduce what your business spends and, by…
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