Please enjoy this guest post from Jessica Kane.
With 2015 being touted as the year for small business startup and burgeoning business growth opportunities, resulting from online purchasing and economic trends, many companies will be looking for ways to streamline their operations to maximize their profits and cut unnecessary business costs which cut into those profits.
Please consider these 5 money-saving tools for you business.
Energy Saving Devices
One of the first types of tools that you may want to consider for business savings involves cutting your energy usage costs. Installing motion detectors, timers and ensuring that your work areas are adequately insulated will assure that you are not tapping into your hard-earned business dollars to pay for wasteful energy expenses.
FreshBooks for Mobile
This iOS and Android accounting software, used by freelancers, consultants and other contractors, simplifies the invoicing process. The value is not solely limited to billing as it is used by many small to medium-sized firms to assist departments with generating their own invoices, keep track of their expenses, manage their time tracking and their outgoing payments.
FreshBooks also supports report creation for the various accounting modules. It even supports the sharing of journal entries with other users. All of these features work together to support reducing costly business accounting expenses.
Amazon Web Services
Amazon web services provides cloud services for virtually every computing need a business may have. The cost savings are realized by the pay for what you use pricing structure. The savings to businesses by using AWS to support tasks they would normally perform in-house or outsource can be quite considerable when compared to the costs associated with implementing the infrastructure internally.
AWS services useful for businesses include:
- Back up and archiving services
- Enterprise IT services
- Financial services
- Digital Marketing services
- Development and Testing services
Use Online Storefronts
Designing, building and managing an online storefront can be extremely costly in terms of monetary expenses and scarce business time resources.
Both eBay and Amazon.com simplify the process of creating a business storefront, accepting payments and management of the shipping, customer service and returns processes. The truly are nominal relative to the value offered by their eCommerce services.
Shake for iOS and Android
Legal fees can be a very costly recurring business expense. Many types of businesses find that they require several types of contracts, regularly requiring modifications, revisions and renewals to support customized business terms on a per client basis.
Shake for Mobile is a software tool that supports and manages agreements, electronically — from your mobile device. With the free basic user license, you can create agreements from Shake’s templates for common business purposes such as:
- Non-Disclosure Agreements
- Freelance, Contractor and Employment Agreements
- Purchase and Sales Contracts
- Rental Contracts
- Loan Contracts
All versions of the application support in person signing and legally binding e-signatures.
2016 business growth forecasts anticipate more of the same business startup and expansion trends which we have experienced in 2015.
Whatever area of the business startup, growth or reorganization phase(s) you may find your company, there are a large number of tools to support your business and help you to cut business cost. Having a cost cutting mindset will ensure that your business’ valuable, hard-earned profit dollars find their way into the areas most beneficial to your business.
What other tips can you think of to cut business cost?
Jessica Kane is a professional blogger who writes for Faxage, a leading company that provide internet fax services for individuals and businesses.