Posts Tagged ‘Expenses’
Small Business Tips: When to Buy a Food Truck
In 2006, the real estate market in south Florida collapsed. Two brothers who were developers building houses on spec saw their business turn upside down as a result. They did what any Italian true-to-his roots would do; they bought a pizza truck.
Read More 5 Tips to Reduce Your Operating Budget
Negotiate, negotiate, negotiate! Whether you are a new customer or an old loyal one, if you open a conversation and negotiate with your suppliers or vendors, most of them will likely respond by lowering prices.
Read More Crunching the Numbers: How to Know if Your Business is Cost-Effective
It is no secret that funds are extremely limited in the first few years of a business. However, even when your business starts to boom, be sure to constantly analyze where the money is going and whether or not your expenditures are worth the asking price.
Read More How Much Should You Be Spending on SEO?
Along with the usual decisions regarding an SEO budget, many analysts and experts have been expressing a belief that those budgets are going to need to be increased in 2014. The reason behind this? SEO is becoming more competitive, meaning businesses need to spend more to keep up.
Read More Is the Cloud Right for Your Small Business?
The business of “cloud computing” has grown drastically over the last several years. Essentially, computing via cloud allows you access to your computer and files wherever you may be, regardless of physical location.
Read More The Real Cost of Loss Leaders: Can You Afford Them?
From time to time some companies lose money on projects through labor overages, material overages or mispricing a project. They have to work harder and more efficiently to make up for those losses. But how much harder and how much more efficiently?
Read More Cut Costs to Increase the Bottom Line
Making more money is the obvious way to increase your bottom line, but just as you try to save when spending your personal budget, you want to save when spending, as well.
Read More 5 Ways for Small Businesses to Expand on a Budget
Small businesses are hamstrung by limited funds, a handful of employees, and a limited capability to actually expand to reach new markets. Because of this, thinking of new, cheap alternatives to increase sales is crucial.
Read More Franchise Royalty Payments: Betting On Your Business in the Long Run
When you make your scheduled regular royalty payment to your franchisor, you are—in fact—guaranteeing a brighter future for the brand as a whole, and your business individually.
Read More The Real Cost of Overtime
Whether you pay hourly or by salary, overtime is expensive and often not worth the expense. In most cases your employees should be able to complete their work in the 40 regular hours each week.
Read More