As small business owners, we must control our spending and ensure we are spending and saving in the right areas of our businesses. It is important to save money for those rainy days when we need cash backup when business is slow, as we have seen in recent years and during recessions. Today, I will discuss different ways to do just that. I divided these posts into seven categories. I hope you find them useful.
Topics
- Outsourcing Tips to Save Time and Money:
- Improving your habits/behaviors to Save Time and Money:
- Budgeting Your Business’s Money:
- Going Paperless to Save Money:
- Marketing Tips To Save Time and Money:
- An organized office maximizes your productivity:
- Inspiring posts about simplifying your invoicing process:
Outsourcing Tips to Save Time and Money:
Remember: you don’t have to do it all. We all have tasks we can delegate to someone else to do faster and more effectively. Determine how much you can afford someone else to do first, decide on what you are willing to let go of, and then find a qualified virtual assistant. Check out this post about what Virtual Assistants can do for you. Below are some additional posts that will help with outsourcing.
3 Important Things You Need To Know About Data Entry
I have offered bookkeeping services for about 10 years now, and there are 3 important things you need to know about data entry when venturing into your new small business.
Delegating as a Small Business Owner: Important Tips
As your small business grows, you may wonder how to delegate services to others effectively. Whether you are delegating tasks to employees or subcontractors, there are some things you should know as a small business owner.
5 Ways to Outsource Work to Save You Time and Money
There are many ways to outsource work for your small business when you feel you are just spending way too much time and money doing it yourself.
Improving your habits/behaviors to Save Time and Money:
The following section is to save money by improving systems to help you and your staff save time. In turn, it will also help with morale and reduce the time spent on tasks, resulting in more money in your pocket.
Keeping systems in check and reviewing them periodically will help you and your staff stay on track and reduce wasted time looking for stuff and asking questions to find the answers. Feel free to check out Consistency Is Important to Any Small Business for more hacks on how to set up a uniform system for your business.
Budgeting Your Business’s Money:
Let’s have a reality check. The following section is about how to save even more money. You will need a budget. If you are making money, but are not able to track and determine how much each expense should be every month and what your income is, it’s time to create a budget. Below are some of my favorite posts about budgeting. Below I talk about emergency savings accounts, tracking credit card transactions, and tips on how to create a better budget.
How To Make Your Business Budget More Effective
Managing your small business through budgeting is crucial to its success.
How To Create A Small Business Emergency Savings
It’s no secret that disasters happen even in business. But are you ready for it? How much money do you need in your small business emergency savings (Rainy day fund) to help you in the case of those moments?
Benefits of Reconciling Your Credit Card Statements
When tax time comes around, do you have your paperwork together, and are all your statements reconciled?
Going Paperless to Save Money:
While everyone is going paperless these days, it’s one of the areas that could be hard for small businesses since they are the only ones seeing the paper clutter. They may think it is not necessary. But, when you realize how much time and energy you spend searching for and organizing things, it may be an area you don’t want to waste your time and money on any longer. This post talks about going paperless: Going Paperless – Tips and Apps No Small Business Owner Can Do Without
Marketing Tips To Save Time and Money:
You don’t need to spend a lot of money on advertising your business. Instead, use the money to improve the business assets. Here are several posts to inspire you to market to your potential clients (affiliate) in new ways.
Easy Ideas To Market Your Business On a Budget
These days, a small business needs to be in front of people more frequently than ever before. So many distractions may distract potential customers from you.
Awesome Call to Action Terms To Enhance Results
When advertising on social media, your website, or traditional media, the phrase “Call to action” is defined as a phrase to help “prompt an immediate action.”
Feel free to contact us to schedule a virtual admin consult to help you find the areas that will save you time and money. Let’s get you saving even more together!
An organized office maximizes your productivity:
I do not think it is a stretch to say that if your office is organized, you will be able to save even more money. We don’t need to find things or misplace things since all the items that are required have a home.
Organizing an office doesn’t have to look magazine-ready. It just has to be functional and effective. These posts will give you ideas on what areas to improve to minimize the cost of your day-to-day activities.
7 Areas to Organize Office Files
Many owners view filing systems as a necessary evil since taking the time to set them up and maintain them doesn’t directly contribute to their business income.
How to Get Your Business Organized in 9 Days
Staying organized in your business saves you time, money, and sanity. So, whether you are a start-up business owner or have been in business for a while, this post will help you organize your business.
How to Organize Office Supplies for Any Type of Office
Every business has an office supplies area. Whether it is inside a closet or a large room, this area can easily get disorganized with daily use.
Inspiring posts about simplifying your invoicing process:
While I would love for you to hire me to help you with your invoicing process, you can do it yourself with some of these easy tips. You can minimize the expense of this process by doing it yourself.
9 Things Every Owner Needs To Know About Accounts Receivable
Everyone wants to be paid for their services, right? We don’t like to call and remind the client to send the check daily.
Simple Tips to Organize Your Startup’s Invoice Process
I was working with a client to set up an invoice system to speed up the monthly invoicing process.
Solutions to Help You When A Customer Does Not Pay Your Invoices
Sending out invoices can be pretty easy when all client information, account numbers, and other details are the same.
By looking at these areas and improving your systems, you will be able to speed up the process and, as a result, help reduce the cost of doing these tasks. Feel free to share these posts with your colleagues (affiliate) and clients (affiliate).
Below are some other online articles to help you save money in your business.
12 Smart Small Business Tax Strategies That Will Save You Money by USChamber
17 Unconventional Money-Saving Tips For Small-Business Owners by Forbes
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