Posts Tagged ‘Expenses’
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 5 Tips for Small Business Owners to Save More Money
Dollar signs are a big part of what small business owners see in their eyes when operating a small business. These dollar signs represent both potential income for a company and any expenses it incurs. When there is plenty of money to go around, things are great. However, when money is tight for small business owners, it can be quite challenging.
Read More Can Cloud Computing Save Your Business Money?
For any business, cash flow is vital and if you can find a way to cut costs without reducing the standard of your service then you have a winning solution to the problem of spiralling IT costs.
Read More SBA Loans for Veterans: MREIDL
The Small Business Administration has many helpful platforms and programs that are specifically geared towards veterans who are looking to engage in entrepreneurship and start their own small businesses. One such program is the Military Reservist Economic Injury Disaster Loan program (MREIDL).
Read More Franchise Words: Advertising Fee
The advertising fee pays for the ad campaigns and advertising to promote the franchise. One of the most important times for a system’s advertising efforts is during the grand opening of the franchise.
Read More Lease or Buy?
The next time you need computer hardware and software, a copier, or vehicles, you’re likely to ask yourself the question, “Should I lease or buy it?”
Read More How Can I Reduce the Startup Costs of My Small Business?
Retail space… expensive equipment… unanticipated extra costs… these can be significant costs of running a small business. Reducing expenses help maximize the bottom line. Here are some tips on how to reduce the start-up costs of your small business.
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