Seemingly insignificant items can add up to major savings
for your business. Consider the following and watch your
bottom line improve:
Negotiate everything including services. You can frequently
purchase at a discount by merely asking. Always request
a
discount if you pay cash or intend to pay within 5-10
days.
Comparison shop for all your needs. If you have been
purchasing similar goods from the same vendor for a few
months, put your regular order up for bid with the
competition ...it is likely you will do better.
Shop by mail order whenever possible. It is frequently
economical and convenient. Use a credit card for mail
order ...if you have a problem the credit card company
will assist you.
Toll free calling can add up to major telephone savings.
Numerous vendors and suppliers have 800 numbers which
may
not be widely advertised. Don't purchase an expensive
"800 directory." Either use the toll-free operator
(800 555 1212) or better yet, search using the internet
(http://www.tollfree.att.net/dir800/)
Barter, it works! This is a great way to help your cash
flow. There may be tax consequences so check with your
accountant or CPA.
a
Monitor telephone usage & supplies. Telephones and
supplies
are often misused and considerable savings are possible
by
being diligent.
Monitor energy consumption. Utilize auto-setback thermostats
and automatic light switches. Savings can be dramatic.
Shop for the best telephone service. Rates and services
vary considerably between suppliers. Furthermore, rates
change frequently. Shop around from time to time and
switch if necessary.
Use FAX or E-mail instead of mail. You will save the
cost
of postage, paper, envelope, mailing time and get instant
delivery! Send messages in the evenings or weekends for
further reduced telephone rates and save even more. Most
FAX
machines and e-mail systems provide for delayed sending.
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Robert Sullivan is the author of The Small Business
Start-Up Guide, and United States Government - New
Customer!. He frequently lectures on starting small
businesses and appears on CNBC's "Minding Your
Business" as a small business expert. His books may
be ordered toll-free by calling 1 800 375 8439.
Robert also developed and maintains an extensive
award-winning Internet website,
"The Small Business Advisor," at http://www.isquare.com
