When you own a small business, saving money can be tricky. You most likely operate under a tight budget. Reducing expenses and preserving your resources in small ways can add up to make a big difference.
If you are a small business owner trying to increase your profits and save money on the side, here are the top 32 tips on how to save money fast:
23. Treat Savings Like an Expense Item
Adam Povlitz, President, Anago Cleaning Systems
Treat your savings like an expense item. Rent is $X, Staff is $X, Marketing is $X, Savings is $X. That way, at the end of each month, you’ve made it a point to deliberately save as opposed to just seeing what’s left over. By making it a set amount that you have to hit each month, you’re more likely to reach your target than if you treat savings like an afterthought.