When it comes to operational costs, your office budget is easily the highest, largely because many business owners assume that each of the items is needed to operate their business and, as such, each expense is necessary.
And while it’s true that your company needs an office to operate, it doesn’t mean that each of the line items on your office budget can’t be trimmed.
Consolidate Your Providers
The longer that your business has been operating, the greater the chances are that you have accumulated a long list of providers. And while they all gave you the best deal at the time that you signed up with them, if you only have one service with each then the price you were given isn’t the best price possible.
Make a list of the services your office requires each month and speak with each of your providers about which ones they can also provide as part of a cost-saving bundle.
As an example, your phone provider can likely also offer you:
- Your regular phone services
- Business level internet
- Provide and manage your office cellphones
- Design and host your website
- Facilitate your mobile internet needs
By combining all of these services with the one provider, you can immediately reduce your monthly expenses.
Coupons and Vouchers
If you need toilet paper at home then you use a cottonelle coupon from Groupon Coupons to place your order and save money. So why don’t you do this in your workplace?
Just because you only take advantage of coupon at home doesn’t mean that you can’t transfer the money-saving technique to your business. Whether you are looking for new furnishings, your computers are ready to be refreshed, or you just need some office supplies, if you are considering a big-ticket item for your business, always look for a coupon first.
Who Cares What Pen You Use ?
If you were to take a close look at your stationery budget then you will likely find that your staff has become a little liberal when it comes to ordering. For example, instead of ordering a packet of 10 regular writing pens, they will order a single pen which has the ability to write upside down or even underwater.
Okay, maybe no underwater, but you get the idea.
Speak with your stationery provider and ask about the range of products they offer. The majority of suppliers will also offer their own range of basic supplies which can more than do the job you need them to.
While your employees may not like it, you could always consider allowing them to pay the difference if they are adamant that they need a pen which also does their hair in the morning and takes their kids to school.
When it comes to keeping your office costs down these are just some of the ways which can drastically and immediately positively affect your business budget and cash flow. If your budget is looking a little bloated, keep these tips in mind and enjoy …