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Home-Based Small Business Owners & Freelancers : 10 Effective Ways To Reduce Your Business Costs

by Choochat Kositchaiwat

1. Barter Your Goods or Services

If you have a business you should be bartering goods and services with other businesses. You should try to trade for something before you buy it. Barter deals usually require little or no money.

2. Networking with Other Small Home-Based Businesses

Try networking your business with other businesses. You could trade leads or mailing lists. This will cut down on your marketing and advertising costs. You may also try bartering goods and services with them.

3. Buy Your Small Business' Office Supplies in Wholesale/Bulk

You'll save money buying your business supplies in bulk quantities. You could get a membership at a wholesale warehouse or buy them through a mail order wholesaler. Buy the supplies you are always running out of.

4. Find Free Stuff on The Net

You should try visiting the thousands of freebie sites on the internet before buying your business supplies. You can find free software, graphics, backgrounds, online business services etc.

5. Borrow/Rent Business Equipment Instead of Buying

Have you ever purchased business equipment you only needed for a small period of time? You could have just borrowed the equipment from someone else or rented the equipment from a "rent-all" store.

6. Save Money on Your Small Businesss' Budget by Going To an Online/Offline Auctions

You can find lower prices on business supplies and equipment at online and offline auctions. I'm not saying all the time, but before you go pay retail for these items try bidding on them first.

7. Plan Ahead for your home-based Business Supplies & Save Money on Sales

Make a list of business supplies or equipment you'll need in the future. Keep an eye out for stores that have big sales. Purchase the supplies when they go on sale before you need them.

8. Get a Reduced Price on Used Small Business Items

If your business equipment and supplies don't need to be new, buy them used. You can find used items at yard and garage sales, used stores, used stuff for sale message boards and newsgroups etc.

9. Negotiate & Haggle For a Lower Price on Your Freelance / Small Business Items

You should always try negotiate a lower price for any business equipment or supplies. It doesn't hurt to try. Pretend you are talking to a salesman at a car lot.

10. Search for Suppliers Who Offer Reduced Costs, and save your home business a lot of money

You can always be searching for new suppliers for your business supplies and equipment. Look for suppliers with lower prices and better quality. Don't just be satisfied with a few.

Quote of the Day:

"It is courage, courage, courage, that raises the blood of life to crimson splendor. Live bravely and present a brave front to adversity." -- Horace

Warm regards,

Choochat http://www.123-rich.com

P.S. Try this http://www.123-rich.com/pips.html

It really works!

Choochat Kositchaiwat may be contacted at http://www.123-rich.com ko_choochat@yahoo.com

 

 

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