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Top 7 Ways To Reduce Your Business Costs!

By Larry Dotson

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Here are seven valuable tips on reducing your business costs.

  1. Barter

    If you have a business you should be bartering goods and services with other businesses. You should try to trade for something before you buy it. Barter deals usually require little or no money.

  2. Network

    Try networking your business with other businesses. You could trade leads or mailing lists. This will cut down on your marketing and advertising costs. You may also try bartering goods and services with them.

  3. Free Stuff

    You should try visiting the thousands of freebie sites on the Internet before buying your business supplies. You can find free software, graphics, backgrounds, online business services, etc.

  4. Borrow/Rent

    Have you ever purchased business equipment you only needed for a small period of time? You could have just borrowed the equipment from someone else or rented the equipment from a "rent-all" store.

  5. Online/Offline Auctions

    You can find lower prices on business supplies and equipment at online and offline auctions. I'm not saying all the time, but before you go pay retail for these items, try bidding on them first.

  6. Plan Ahead

    Make a list of business supplies or equipment you'll need in the future. Keep an eye out for stores that have big sales. Purchase the supplies when they go on sale before you need them.

  7. Used Stuff

    If your business equipment and supplies don't need to be new, buy them used. You can find used items at yard and garage sales, used stores, used stuff for sale message boards, news groups, etc.

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Source: http://Top7Business.com/?expert=Larry_Dotson

Article Submitted On: January 19, 2000