Posts Tagged ‘Expenses’
How Much Should You Pay Your Accountant?
Finding the right accountant for your business, but so is making sure you pay the right amount. You don’t want to overpay, but your accountant also needs to hit his or her own income targets. Depending on your business situation and accounting needs, there are several arrangements to choose from.
Read More11 Smart Tips for Small Businesses to Save Big on Fleet Expenses
Managing a fleet of vehicles as a small business owner presents various challenges, especially regarding expenses. By implementing strategic changes and making informed decisions, you can significantly reduce your costs. These tips focus on practical and effective ways to help you save money while maintaining an efficient fleet. 1. Embrace Preventive Maintenance Routine maintenance is…
Read More8 Smart Ways to Save On Holiday Expenses
While often regarded as the most wonderful time of year, the holiday season is also an expensive spot on the calendar. Whether you’re buying for the office, family, or friends, there is hope for keeping your holiday expenses down when it comes to gatherings, gifts, food and beyond. Consider these tips from the money-saving experts…
Read More10 Good Reasons Your Business Should Use a Fuel Card
Fuel cards are a popular choice for businesses of all sizes, as they offer a number of benefits over traditional payment methods. In this article, we will discuss some of the key advantages of using a business fuel card. Cost savings One of the most significant benefits of using fuel cards is cost savings. Many…
Read More8 Effective Cost-Cutting Strategies for Your Small Business
Inflation may be squeezing your family budget, but it’s taking a toll on small businesses, as well. According to a 2022 survey from the National Federation of Independent Business, 30% of business owners said inflation was their biggest hurdle. If operating margins are tight, looking for ways to cut expenses should be top of mind.…
Read More5 Often Overlooked Money-Savers for Every Startup
When venturing into the world of business with your own startup, there can be a shock to the system when financial expectations meet reality. According to CBInsights, 29% of startups fail during the initial years because they are unable to fulfill the costs required. Fortunately, there are many ways you can learn to save money…
Read More4 Ways to Cut Costs (Without Cutting Corners) in Your Healthcare Business
The economy has been fluctuating ever since Covid hit in 2020, and we’re still in the process of collectively recovering from the lockdown. While many businesses have sprung up and even flourished over the last couple of years, it’s still a good idea to be mindful of your finances and make sure you aren’t spending…
Read More2 Simple Ways to Increase Your Bottom Line
Every business owner I work with wants to increase their bottom line and make more money, but forget that often times the simple steps can have the biggest impact. The one issue that stops many of these owners from “seeking the simple,” is that they feel if it’s so simple, it can’t possibly work. Well,…
Read MoreWatch Out for These 6 Easy-to-Forget Expenses During Your Business’s 1st Year
The idea of starting a small business can be exciting to many would-be entrepreneurs, opening up the opportunity for job flexibility and the freedom to call your own shots. However, even though running a business can be fulfilling and offer the chance to build wealth, it’s not always the cheapest endeavor. If you’re interested in…
Read More3 Simple Ways to Reduce Unnecessary Spending
As a small business owner, you’re also a consumer. And as a consumer, whether for business or personal, there are many temptations to be found to spend your hard-earned cash. It can be easy to get carried away with spending on the things you love, however, this can lead to financial difficulties if not kept…
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