Three Easy Ways Your Small Business Can Save Money

Three Easy Ways Your Small Business Can Save Money

If your small business has grown rapidly in a short amount of time, your needs are different than they used to be. Suddenly you need more employees, a larger workspace and more supplies to fit these new employees. Sure, you’re making money, but all this can get expensive in a hurry. How can you save money as your business grows?

1. Buy Secondhand

Office furniture doesn’t have to be brand-spankin’ new to serve its purpose. You can always upgrade in the future, but for now, why not look for pre owned office chairs and desks for your employees?

  • The Salvation Army and Habitat for Humanity are great places to look for secondhand furniture. They are often gently used and in overall good condition.

2. Bulk Orders

Wholesale clubs like Costco and Sam’s Club are an added expense initially, but they pay for themselves after only a few uses. Instead of ordering things like paper and toner from an office supply company, try a wholesale club.

  • business membership at Costco is only $60, and one of these cards allows you to purchase items for work and home, as well as resale items.

3. No Paper Trail

Paystubs, company memos and instruction manuals all have something in common: They use too much paper! Save money and be kind to Mother Earth by taking paperless options. These can be as simple as emailing the meeting agenda instead of printing it, or opting for direct deposit instead of handwritten paychecks.

  • Don’t forget about documents, spreadsheets and other things that can stay on your computer. Upload your documents to the cloud and organize and purge as you need to.

Rapid growth in a short time is a good problem to have! If your small business has gotten a lot bigger recently, money-saving options can help you stay afloat. You can have a successful operation without breaking the bank.

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