Amazines Free Article Archive
www.amazines.com - Tuesday, July 07, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133369)
 Advice (161092)
 Affiliate Programs (34739)
 Art and Culture (73731)
 Automotive (145711)
 Blogs (75122)
 Boating (9843)
 Books (17221)
 Buddhism (4126)
 Business (1329048)
 Business News (426351)
 Business Opportunities (366301)
 Camping (10966)
 Career (72751)
 Christianity (15847)
 Collecting (11638)
 Communication (115066)
 Computers (241959)
 Construction (39001)
 Consumer (49683)
 Cooking (17064)
 Copywriting (6595)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20411)
 Dating (45787)
 EBooks (19689)
 E-Commerce (48213)
 Education (185294)
 Electronics (83506)
 Email (6400)
 Entertainment (159864)
 Environment (28941)
 Ezine (3039)
 Ezine Publishing (5447)
 Ezine Sites (1550)
 Family & Parenting (110919)
 Fashion & Cosmetics (196412)
 Female Entrepreneurs (11844)
 Feng Shui (131)
 Finance & Investment (310420)
 Fitness (106327)
 Food & Beverages (62907)
 Free Web Resources (7938)
 Gambling (30231)
 Gardening (25139)
 Government (10525)
 Health (629836)
 Hinduism (2206)
 Hobbies (44053)
 Home Business (91567)
 Home Improvement (251401)
 Home Repair (46160)
 Humor (4831)
 Import - Export (5453)
 Insurance (45144)
 Interior Design (29576)
 International Property (3485)
 Internet (190995)
 Internet Marketing (146407)
 Investment (22839)
 Islam (1167)
 Judaism (1356)
 Law (80573)
 Link Popularity (4594)
 Manufacturing (20845)
 Marketing (98878)
 MLM (14136)
 Motivation (18216)
 Music (27012)
 New to the Internet (9494)
 Non-Profit Organizations (4048)
 Online Shopping (129637)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38078)
 Poetry (2234)
 Press Release (12681)
 Public Speaking (5634)
 Publishing (7526)
 Quotes (2407)
 Real Estate (126637)
 Recreation & Leisure (95346)
 Relationships (87568)
 Research (16163)
 Sales (80328)
 Science & Technology (110240)
 Search Engines (23469)
 Self Improvement (153124)
 Seniors (6235)
 Sexuality (35945)
 Small Business (49309)
 Software (83000)
 Spiritual (23473)
 Sports (116109)
 Tax (7659)
 Telecommuting (34066)
 Travel & Tourism (307741)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11731)
 Website Design (56838)
 Website Promotion (36580)
 World News (1000+)
 Writing (35782)
Author Spotlight
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
FARHAN FAWZER

Farhan Fawzer is a freelance writer and Search Engine Optimizer (SEO), currently working with web de...more
RAJESH THAPALIYA

I am in Nepalest tourism industery working since 2000 as a trekking porter to the senior tour leader...more
ELLIOT CHANG

Financial analyst and author writing on economy and business. ...more
MARVELL LAWSON

Marvell Lawson is an author, professional speaker, and communication coach who works with individual...more


5 Ways to Cut Business Costs by Cleo Gib





5 Ways to Cut Business Costs by
Article Posted: 12/17/2015
Article Views: 1029
Articles Written: 12921
Word Count: 643
Article Votes: 0
AddThis Social Bookmark Button

5 Ways to Cut Business Costs


 
Tax

Whether your business’s budget is tight or you’re ready to stretch your profit margins a bit further, there are many things savvy business owners can do to save money. Businesses will often look in all the familiar places, like cutting staff, when they should think creatively about things like using Indiana utility sales tax consultants to find savings. Cutting costs is easier said than done, but when you’re in a budget pinch, these creative solutions may help rescue your bottom line.

Rethink Discretionary Spending

Most business owners will first look to cut costs by cutting discretionary spending. Discretionary spending likely comprises a good chunk of your business’s cost. This spending includes nonessential employees and nonessential maintenance. For example, you may have your office copy machines serviced every month. When your budget is tight, it may be time to stretch that service, only having your copy machines serviced every two or three months. Nonessential employees may include a front office person with a primary task of directing phone calls and greeting visitors. In a small office, this is a task that all other employees may pick up when money is tight. You may also choose to delay projects or hiring new staff. Unless adding a new staff member or project is critical to your marketing or growth, now may not be the time if cash is already tight.

Shorten the Work Week

It may seem counter-intuitive to work fewer hours when money is short. However, you can save employees by shaving a few hours off the work week, especially if many of your staff members are hourly. If you cut a full day, going from a 5-day work week to a 4-day work week, you will save 20 percent, and if that work week cut means closing the office one extra day per week, you’ll also save energy costs. If the office is closed, no one is running the air conditioner or firing up the fax machine. In many cases, shaving hours off the work week will not mean lowered productivity.

Sublet or Downsize Space

If you have space in your building or office that is sitting empty, now may be the time to consider subletting some of that space to another entrepreneur. Real estate can be one of a business’s most valuable assets, and in tough economic times, it makes sense to make money using it.

Another option, if you find yourself with more space than you need is to downsize. This may mean selling your current location and relocating to a smaller, less expensive building. Or, it may mean negotiating with your lease holder about moving to a smaller property owned by the same entity. You can also attempt to renegotiate your existing lease. It’s more cost effective for your lease holder to keep an existing tenant than to find a new one.

Reduce Printing Costs

There’s a good chance you’re still running far more paper through copy machines and printers than you need, both in your office itself and through your marketing efforts. If you are printing marketing brochures or business plans, you can cut costs by opting to print in two colors, rather than four, or print in matte rather than glossy.

When business is tight, start making changes as soon as you recognize the financial pinch.

Seek Tax Incentives

You may be eligible for tax incentives that you aren’t currently using or taking advantage of. Some municipalities, for example, may offer property tax incentives for upgrades to your property and some states offer incentives for creating jobs or manufacturing items within their borders. For example, Indiana and Iowa offer tax utility exemptions for energy used to manufacture goods. You can seek the assistance of Indiana utility sales tax consultants, or consultants in your state or locality, to determine whether your business is eligible for a tax incentive.

Related Articles - Indiana, Utility, Sales, Tax, Consultants,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
MICHAEL MIFSUD

Michael Mifsud was a House of Commons Commonwealth correspondent at the age of 16. He published Brit...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
LARRY WHITTLER

Author of Wrestler/That Dog Hunts; Available at the Kindle Store ...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
JOANNE IRELAND

Joanne Ireland, a 30-year veteran of the meeting and event planning industry, is Founder and Preside...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license