The economy is a difficult wave to ride at the moment. All businesses would be wise to reduce their outgoings as far as possible, so to put them in the strongest possible position when the going gets tough.
With the Euro crisis only worsening, and Greece getting set to leave the Euro, things are likely to get worse before they get better, with banks being even less likely to lend to businesses than ever before.
Ensure that your business is self-sufficient by making cut backs where you can. Consider overhauling the following areas in order to improve your bottom line:
You office consumables such as stationery and printer ink are an ongoing expense, but one that is easy to reduce. Seek out cheap stationery, consumables, equipment and more at Office Allsorts, which offers the lowest prices guaranteed.
Every business owner has an environmental responsibility to reduce their carbon footprint as much as possible, but doing so has other, non-altruistic benefits. Speak to your energy providers for tips on how to reduce your energy consumption. Good ones to start with include turning off all equipment and lights etc at the end of each working day, and installing energy saving lightbulbs.
Some energy providers will even install energy meters for you so that you can track where you may be wasting energy.
Negotiate with Suppliers
If you rely on suppliers then now may be a good time to negotiate prices. They’re unlikely to want to lose precious business in these tough times, so make sure that you’re being offered the best possible deal.
At Office Allsorts you can always be confident of the best possible deal on cheap stationery, furniture and office equipment, thanks to our low price guarantee – so overhaul your outgoings and recession proof your business.
Author: Carl Barton