Business Owners Can Save Big Bucks With Penny-Pinching Tips

Go paperless, go mobile, and see the bigger picture

Author Photo of Carmine Barbetta By: Carmine Barbetta / Twitter @mrbarbetta
Content Editor
Published: 6/26/11 | Updated: 10/19/17

Laying out the paperwork with a calculator to evaluate some budget possibilities.

Laying out the paperwork with a calculator to evaluate some budget possibilities. |Image provided by Pexels

Are you a small business owner looking for ways to cut your overhead expenses? Keeping your business afloat these days can be especially difficult with the current economic climate. This is why you have to be smart when it comes to cutting unnecessary costs in your everyday business operations.

Go paperless. Have you calculated how much it costs for reams of paper for your documents? It can actually get pretty expensive, especially in the long run. To reduce the amount of paper that you have to order, why not go digital and store important data on a virtual storage space instead? Not only will you be saving some cash, you'll also be doing your part in saving trees!

Get mobile. Thanks to the internet, we don't even have to be at work to be working! So if you're having problems paying the rent for your little office, work from home! If your business is more than a one-man band, encourage your employees to work remotely from home. You can save on energy bills if you have fewer people in the office - you can even downsize and get a smaller space if most of your staff is working from the comforts of their homes. Just be sure to stay on top and keep track of their productivity.

Look for discount office supply alternatives. If you have the time, it doesn't hurt to look for less expensive alternatives to the office supplies that you're currently purchasing. For your printer cartridges, for example, you can get a 123InkJets.com Promotion Code and receive extra savings, especially since cartridges can get really expensive. If you're just starting your business and looking for office furniture, don't be embarrassed to have used pieces as alternatives. You can also look for clearance warehouse stores where office necessities like desks and chairs are sold at a cheaper price.

See the big picture. The purpose of having a business is to make money, so you have to prioritize and cut unnecessary spending. Do you really need a donut day every other day? There are many ways to boost employee morale without having to spend too much, so look at the big picture and understand that all those little expenses can eventually add up.

In the end, having a successful business means knowing when to splurge and when to save up.

Carmine Barbetta, Content Editor

Carmine Barbetta is the News Editor of PromotionCode.org, chief responder to many emails, and subject of bad photos. He attended Tallahassee Community College and the Florida State University.