Ways to cut down your home business expenses
As home business owners we are often looking for ways to cut
down our operating costs and business expenses. Here are a few
to consider:
1) Freebies- Those of you who know me a little would know that
I'm a "Free-ak". There are a lot of free, high quality resources
available on the Internet; try looking for those before buying
and you'll be amazed of what you can find online for free.
2) Bartering- Another great way of cutting down costs. Try
trading your products or services with other home business
owners before you buy. You can usually barter for little or no
money.
3) Borrowing/Renting- Yes, it feels great to show off that
In-focus projector, but do you really need to buy it for your
one time presentation?
4) Networking- This is one of my favorites; browse through your
book of contacts, talk to other home-based business owners, to
your neighbors, to your children's friends moms, you never know
who knows somebody, who knows somebody...that has what you need
and you can get it cheaper!
5) Auctions- Try bidding on items before paying retail for them.
You can find auctions offline and online (eBay).
6) Plan ahead and buy in bulk- Make a list of those items you
use most and how often you need to refill them, wait for a
bargain and buy in bulk!
7) Search for high quality used items- there are things that you
just don't have to buy new, check out flea markets and yard
sales and if you can, negotiate!
So, there you have it, a few ways to cut down your costs, now
you can put your money where you really need it.