5 Ways That Your Business Can Save Money
Let’s face it, running a business during these troubled times is a real challenge and with a highly competitive marketplace, it can be a struggle to stay in the black. While sales and marketing are essential, business owners are looking for ways to cut running costs and, in this article, we examine a few ways that you can reduce your running costs.
1. Smartphones & tablets -
Of course, all your key players need state of the art smartphones and by talking to the leading phone refurbisher, Mobile Federation, you can equip your people with the right hardware. With all your data on the cloud, your managers can access what they need from any location and with a hi-spec device, time won’t be wasted.
2. VoIP communication –
Cell Phone networks are fine; they work well but you are charged by the minute; if you really want to reduce your communication costs, switch to Voice over Internet Protocol, which by-passes mobile phone networks, using the web to send and receive video and audio data. Talk to a managed IT services provider for VoIP solutions and start saving a considerable amount, while reaping the benefits of real-time video. Here are a few online security tips that you can adopt.
3. Third party logistics –
If you run in-house logistics, that department is very expensive to maintain; a fleet of trucks and drivers, not to mention vehicle maintenance and fuel. The 3PL company has a huge warehouse and can handle any volume of picking and packing, while also being part of a global logistics network to ensure prompt delivery. Think of what you can do with the resources you reclaim when you outsource your order fulfillment? This is why most companies outsource order fulfillment and if you have yet to switch from in-house to 3PL, crunch the numbers and compare costs.
4. Working from home –
If you run an office and customers never visit, have you considered letting the staff work from home? If your business data is on the cloud, you can save a fortune on office running costs and leave a skeleton staff, or close down the office completely. When the pandemic forced companies to send office staff home, this resulted in a big saving and many businesses are continuing the practice for that very reason; productivity is not affected and the workforce is happy with the new level of freedom.
5. Go paperless –
Why not digitalise your office? Setup a secure cloud network and scan all paperwork, storing the data on the cloud, which can be accessed by authorised personnel. Your local IT support company would be happy to handle the entire project and your office staff can instantly bring up any document they need on the workstation screen. Those bulky filing cabinets can finally be retired, reclaiming a lot of floor space to make the office more spacious.
We hope that all or some of the above can be implemented to save money and you should check with the Australian government to see if you qualify for some Covid relief and support. Cutting costs is on every business owner’s mind and hopefully, things will soon return to normal.
Welcome to our blog “CYBER SUGGEST“. Debmalya Datta is a professional Blogger, Developer, Social Media Influencer, Digital Marketer and Entrepreneur. He loves doing work which makes him happy, that’s why he choose Blogging and Educate people. You will love exploring educational stuff on our blog. Live your dreams as much as you can. Be a SHAMELESS SELF-PROMOTER
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