Posts Tagged ‘Expenses’
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.
Read More How to Keep Thorough and Accurate Books
There are a lot of factors that go into running a successful small business, and one of the most important is one that many small business owners (especially those who are just starting out) overlook: bookkeeping.
Read More Don’t Be Afraid of Net Profit per Hour
To have profitability you need to know where you are starting with profitability. That means calculating your net profit per hour.
Read More Why You Should Borrow Equipment for Your Small Business
Contrary to what many entrepreneurs might think, it actually is not always the best idea to use your own money to buy pricey equipment for your company. But when your small business needs equipment—and does not have the funds available to buy it—what can you do?
Read More Cost-Saving and Efficiency Tips for Small Business
For a small business, budget and resources are often limited, and organizational costs can take a huge portion of capital. Many costs will be incurred during the initial stage of the business and the return on investment could take several months to almost a year, so it is best to learn a few tricks to save money by minimizing expenses.
Read More Price Your Product to Provide Value and Make Money
If you sell a product, then the secret to your success will be to offer a great value proposition. That means that your product should improve people’s lives in a way that they deem more valuable than the price you’re asking for when you charge them.
Read More How to Start the Bookkeeping Process
Even if you do hire a bookkeeper, you have to be able to give them something to work with. So here’s how you should think about starting the bookkeeping process.
Read More Choosing the Right Location for Your Business
Below you’ll find a list of points to consider while you’re searching for your businesses ideal office space. Unfortunately there is no such thing as a definitively ‘perfect’ space (and if there was, then chances are it would be pretty unaffordable) but there is such a thing as a perfect office space for YOU and YOUR business.
Read More 10 Tips for Saving Money on Common Business Items and Necessities
As a small business, you should be penny pinching at every possible angle. Here, we’ll provide ten sharp ways in which to do save money on your business operations.
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