Startups and small business owners know how crucial money management can be to the success of their operations. So, we often cut corners and end up cutting out some pretty necessary things to make up for unnecessary expenditures. I would like to offer a solution to this spending trap which could inevitably spell the end of your business...avoid spending money unnecessarily with 6 simple tips.
1. Develop a comprehensive budget for each department. And make sure to enforce it strictly and adjust it anually for growth and other changes in the market and within your company.
2. Develop a list of what employees are allowed to purchase. Check actual purchases against the list and adjust future lists for items that are unnecessary.
3. Ask every vendor for advice on how to save money on products you purchase from them.
4. Put out a bounty on internal savings by rewarding employees with 10 percent of whatever money they can save the company.
5. Have one person responsible for the supply closet; any person who wants a supply item must sign for it. This will give you valuable information on usage.
6. Outsource...keep your staff at a minimum and use a specialist for highly skilled tasks such as business development, strategic planning, lead generation, cold calling, research, and other tasks that sometimes require several departments or employees to manage. Use lead generation services like Hoover's and Euro-Profile OR social networking sites like Linked-In, Facebook, or Zing to prospect for new business.
For other helpful money saving tips, please feel free to email me at jeannelson@betterbizservices.com or visit my website at www.betterbizservices.com.
Enjoy your day!!
11.09.2007
Going GREEN Goes MAINSTREAM...
Gone are the days when the environmentally conscious among us were thought of as tree huggers and fanatics...ENTER a new day, one in which people are beginning to see the value of an environmentally friendly world.
There have been many crusaders for "green" products over the years which increase energy efficiecy, use recyclables, discontinue the use of harmful dyes, and (among many other things) do not exploit labor in foreign countries. However, it seems that until recently (the last 3 years)society has turned a deaf ear to the benefits of going green.
As Al Gore tells us in his movie, An Inconvienient Truth, the failure to go green could result in disasterous consequences for the world we live in. Oprah's website has a list of her favorite green things. Even the Today Show has "gone green" by turning their green room into an oasis of energy efficiency and other fabulous green products.
So what about the average Joe?
Here are 5 tips you can use to make your business more environmentally friendly:
1. Compact fluorescent light bulbs-These energy-efficient bulbs cost less than $4
2. Outdoor solar lighting- The cost is less than $20 and they don't burn any electricity or produce CO2.
3. Programmable thermostats-A little more expensive (from $50 to $100) but they can cut your heating and cooling costs and reduce CO2 emissions by up to 9 percent over the course of a year.
4. Air filters-Change them regularly and knock off nearly 2 percent of CO2 emissions.
5. Electric hot water heater blanket-A blanket costs less than $18 and can cut your home's CO2 emissions by almost 4 1/2 percent.
If all it takes are a few small things to make our environment a better place...then it behooves each of us to play a small part in the larger goal. GO GREEN...not because it's mainstream BUT because it's the only way to make sure our children's children can enjoy our world tomorrow.
Better-Biz Consulting Services would love to help you find some green solutions for running a more eco-friendly small biz!! Email betterbizservices@yahoo.com or check us out on the web http://www.betterbizservices.com for a list of services.
There have been many crusaders for "green" products over the years which increase energy efficiecy, use recyclables, discontinue the use of harmful dyes, and (among many other things) do not exploit labor in foreign countries. However, it seems that until recently (the last 3 years)society has turned a deaf ear to the benefits of going green.
As Al Gore tells us in his movie, An Inconvienient Truth, the failure to go green could result in disasterous consequences for the world we live in. Oprah's website has a list of her favorite green things. Even the Today Show has "gone green" by turning their green room into an oasis of energy efficiency and other fabulous green products.
So what about the average Joe?
Here are 5 tips you can use to make your business more environmentally friendly:
1. Compact fluorescent light bulbs-These energy-efficient bulbs cost less than $4
2. Outdoor solar lighting- The cost is less than $20 and they don't burn any electricity or produce CO2.
3. Programmable thermostats-A little more expensive (from $50 to $100) but they can cut your heating and cooling costs and reduce CO2 emissions by up to 9 percent over the course of a year.
4. Air filters-Change them regularly and knock off nearly 2 percent of CO2 emissions.
5. Electric hot water heater blanket-A blanket costs less than $18 and can cut your home's CO2 emissions by almost 4 1/2 percent.
If all it takes are a few small things to make our environment a better place...then it behooves each of us to play a small part in the larger goal. GO GREEN...not because it's mainstream BUT because it's the only way to make sure our children's children can enjoy our world tomorrow.
Better-Biz Consulting Services would love to help you find some green solutions for running a more eco-friendly small biz!! Email betterbizservices@yahoo.com or check us out on the web http://www.betterbizservices.com for a list of services.
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