Kara Perez — July 15, 2019 — July 15, 2019 jarmoluk / Pixabay Running a business costs money. “You gotta spend money to make money,” the old adage goes. That’s why our businesses have operating expenses and budgets. It’s the money that keeps the ship running, and makes sure that everyone gets paid. But maintaining … Continue reading How to Audit Your Businesses Operating Expenses
Gaurav Belani — June 22, 2019 Follow @BelaniGaurav — June 22, 2019 Forget the financial perils, the worst part about getting laid off is that it wasn’t even your fault. You were doing your part right and yet, one fine day, you’re unemployed. First off, know that you’re not the only victim of this impromptu … Continue reading Laid Off? 5 Ways to Slash Expenses Till Your Next Employment
Choncé Maddox — June 21, 2019 — June 21, 2019 As a solopreneur, a lot can fall on your plate. You’re likely in charge of finding customers and clients, doing the work, and managing all operations. Since you’re essentially running a small business by yourself, it’s important to find the best ways to automate and … Continue reading How Solopreneurs Can Pay Operating Expenses Easily
Karl Sakas — June 3, 2019 Follow @KarlSakas — June 3, 2019 See how to be strategic about cost-cutting, before it’s too late. Worried your agency’s revenue might look a little shaky? I strongly recommend you pause now to define your agency’s three unique “cost-cutting tiers.” Why? You’ll be really glad you did if you … Continue reading Need to Cut Expenses? Pre-Define Your Agency’s 3 Unique Cost-Cutting Tiers.
Robert Gloer — April 11, 2019 Follow @IOUFinancial — April 11, 2019 Running a small business is a costly undertaking in terms of time, effort and money. Unfortunately, too many businesses spend too much on their expenses. This eats into your working capital unnecessarily, possibly crimping your flexibility and your ability to take advantage of … Continue reading Are You Overpaying Your Business Expenses?
Choncé Maddox — December 12, 2018 — December 12, 2018 stevepb / Pixabay I just finished reading Profit First which is a must read for business owners whether you’re new to entrepreneurship or have been going steady for some time. Profit First teaches you how to turn your business from a cash eating monster to … Continue reading 3 Business Expenses You Could Be Overpaying For
Peter Daisyme — March 19, 2018 — March 19, 2018 jarmoluk / Pixabay As an aspiring entrepreneur, it’s natural to overestimate the ease of entry for an online business. After all, since you won’t have to pay for a physical retail space, or in many cases, an office, your overhead will be drastically lower than … Continue reading 13 Hidden Online Startup Business Expenses
Peter Daisyme — March 17, 2018 — March 17, 2018 NikolayFrolochkin / Pixabay There are two main variables that will determine the profitability of your business: the revenue you have going in and the expenses you have going out. If you can retain control of these two variables, your business can continue operating successfully. Unfortunately, … Continue reading 12 Major Business Expenses (and How to Reduce Them)
Amanda Abella — March 1, 2018 — March 1, 2018 QuinceMedia / Pixabay I recently saw a discussion in a Facebook group about reducing business expenses to save money. The admin of the group posted where she is cutting business expenses in 2018, and I just so happened to be cutting in the same areas. … Continue reading Need to Save Money? Here Are Some Business Expenses You Can Cut
Amanda Abella — January 9, 2018 — January 9, 2018 FotografieLink / Pixabay Creating a profitable business is a delicate balance of making the right investments, sales and reducing business expenses. It’s a balance that takes time to figure out and requires a lot of patience on the part of the business owner. I personally … Continue reading 5 Ways to Reduce Business Expenses in 2018