Shaa Wasmund: Five ways to save money without cutting corners

Whether you're working from home or in an office, saving money is always important. Obviously you don't want to cut anything that might result in a reduction in the quality of your product or service, but there are certainly areas you can save money on and here's five:

  • Switch suppliers: Is your business getting the best deal on energy suppliers? This tool finds the best deals in your area.
  • Skype: Use Skype to communicate with your colleagues and clients worldwide and you could save a tidy sum.
  • Business lunch saving: Take clients out for lunch often? Invest in a Taste Card and you'll get 50% off or 2-for-1 at thousands of restaurants across the UK. No need for expensive lunches - you can find lots of great small restaurants too.
  • Advertising? Look at your advertising budget and I'm pretty sure you could be saving money by using social media to promote yourself instead.
  • Go green. Cutting your energy costs can save you money. Try some of the SMARTA tools to see how you can make your office greener.

Those are just a few of the ways you can cut costs. You might also want to look at virtual workers, conducting meetings online and flexible working patterns.

 

How do you cut costs in your business? Let us know below

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