• Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions
Thursday, January 21, 2021
No Result
View All Result
ABC Money
PR Fire Press Release Distribution
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
ABC Money
No Result
View All Result
Home Business

3 Small Money Saving Tips for Small Businesses

by Sam Allcock
27/02/2017

RelatedPosts

Tips to Choosing the Right Internet Plan for Your Business

How to calculate labour costs: A small business owner’s guide

Seven Easy Cost-Cutting Tips For Your Business During The Pandemic

Hiring Help – 5 Tips To Help You Streamline The Onboarding Process For New Employees

Load More

Budgeting is a very important activity in every business. Big companies have not only big revenues but also a budget covering everything from bathroom tissues to Christmas bonuses. When you are a small business, though, you can often find yourself in the situation of having to divide a limited amount of money into smaller and smaller slices to cover everything. The internet is filled with money saving tips for individuals – now let’s see a handful of handy ways to save your money as a small business.

If you haven’t done so already, go paperless

Today most people have miniature computers in their pockets. We use them for everything from checking our emails to playing our favorite games at the Royal Vegas Casino (strictly outside business hours, of course). We use them for secure payments, too – people make deposits to the Royal Vegas each day using their smartphones, proving that both the phones and the Royal Vegas are secure enough to handle money transfers between parties. Why do we still use printed invoices then?

Just think of how much paper you can save a month by switching to electronic invoices and correspondence. There are, of course, situations where an email can’t replace words on paper but it’s unlikely you’ll encounter such situations too often in a month.

Compare banks, go with the best

Banks are invaluable partners for businesses, yet their services cost money – and sometimes these costs are unnecessarily high. Competitors often have better rates, and you can use this to your advantage.

You can confront your bank with the competitors’ strong points, asking for a friendlier set of tariffs and rates. If they are not willing to compromise – this happens more often than you think – there’s always the option to move on to another one that has a cheaper set of services for you. The same strategy can be applied to mobile carriers, and other service providers, as long as you have a competitor to use as a leverage.

Use open-source

Unless you’re an Apple fan or one of the few people using Windows Phone, your smartphone uses open-source software (i.e. Android). Why wouldn’t your desktop computers and laptops be the same? Back in the day, when it was first introduced, Linux was scary – it wasn’t user-friendly at all. Today, in turn, Linux is available in a myriad of forms, and most distributions are just as user-friendly as Windows or Mac OS X.

There are open-source or even web-based alternatives available for most common programs, such as word processors, spreadsheets and such. And if you have to use a Windows-exclusive piece of software, you can always give it a try with Wine (a Windows compatibility layer for Linux, which basically lets you run Windows programs on Linux-powered machines).

Tags: Money Saving
Previous Post

Financial Advisor Given Bankruptcy Restriction Order

Next Post

£1million Carbon Credit Scam Directors Banned

Related Posts

Tips to Choosing the Right Internet Plan for Your Business
Business

Tips to Choosing the Right Internet Plan for Your Business

21/01/2021
How to calculate labour costs: A small business owner’s guide
Business

How to calculate labour costs: A small business owner’s guide

20/01/2021
Seven Easy Cost-Cutting Tips For Your Business During The Pandemic
Business

Seven Easy Cost-Cutting Tips For Your Business During The Pandemic

19/01/2021
Next Post
£1million Carbon Credit Scam Directors Banned

£1million Carbon Credit Scam Directors Banned

What is the Bradford Factor, and How Can it Help Your Business?

What is the Bradford Factor, and How Can it Help Your Business?

How To Tell If Your Trade Will Hit Its Profit Target

4 Creative Ways to Fund a Business When Paying Off Debt

Latest News

Tips to Choosing the Right Internet Plan for Your Business

Tips to Choosing the Right Internet Plan for Your Business

21/01/2021
Do I Have To Take A Test To Go Back To Office

Do I Have To Take A Test To Go Back To Office

17/01/2021
Dry Eyes: The Ultimate Guide To Dry Eye Treatment

Dry Eyes: The Ultimate Guide To Dry Eye Treatment

21/01/2021
How Secure is Your Money in Online Bingo

How Secure is Your Money in Online Bingo

21/01/2021
Top Reasons to Immigrate to Canada from the UK

Top Reasons to Immigrate to Canada from the UK

20/01/2021
Prisa Sells Its Radios In Argentina

Prisa Sells Its Radios In Argentina

17/01/2021

Social

Contact

For editorial enquiries:

editorials@abcmoney.co.uk

For advertising enquiries:

advertise@abcmoney.co.uk

Top Topics

  • News
  • Business
  • Finance
  • Property
  • Technology
  • Investment

Guides

  • Best UK Bridging Loans
  • Best UK Secured Loans
  • Best UK Commercial Mortgages
  • Best UK Business Loans
  • Best UK Payday Loans
  • Best Sites for International Money Transfers
  • Best Press Release Distribution Service

Social

  • Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2020 ABC Money

No Result
View All Result
  • Write for us
  • Contact
  • About Us
    • Authors
  • News Desk
    • Business
    • Finance
    • Property
    • Technology
    • Investment

© 2020 ABC Money

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.