Punch Cards Are a Thing of the Past: Save Money with the Latest Clock-In Technology
In business, an old-school approach can be very valuable—for instance, a face-to-face meeting with a client might leave a better impression than a quick phone call or email. Yet, when it comes to saving money, technology can be your friend.
You’ve undoubtedly heard the phrase “time is money,” and we’re about to get literal with that old adage. Whether you’re using a punch card clock, a digital time clock, or a fingerprint clock, upgrading to an online time tracking system can reduce labor costs, saving you time and money.…
While regional economies such as Greater Manchester may have recorded robust levels of business confidence during the last quarter, the looming spectre of Brexit is continuing to place a drag on growth.
This is true throughout the UK, and there’s no doubt that businesses are growing increasingly concerned as the prospect of a no-deal Brexit comes into view.
The most proactive firms are taking practical steps to reduce their costs in preparation for a no-deal Brexit, however, and here are some ideas to help you cope with a volatile economic climate:
Compare Energy Prices and Avoid Unnecessary Waste
When looking to reduce your business’ spend, you should focus on the operational costs that accumulate over the course of the financial year.…
By cutting down on your business’ utility expenses, you could not only save your firm more money, but this money could also be something you then use to invest in developing your company even more.
However, as most business owners will understand, you can’t simply stop using things like gas, water, and electric, as these are essential – what you can do though is be smart and cut down, here’s how:
1. Switch Tariffs
The first thing you can do is switch your tariffs.…
All businesses look to cut out unnecessary expenses. With growing competition from overseas, this often allows them to remain competitive in the marketplace. For SMBs working on strict budgets from the offset, though, reducing costs can be the difference between survival or closing their doors.
Here are three ways you can save money without sacrificing on quality.
Reducing the Price of Your Regular Bills
Many business owners chalk off their monthly bills as simply one of the costs of operation. However, these fees can often be drastically reduced with little effort on your end.…
While most of the population will view the New Year as a fresh start, for many businesses the pressure is on to save as much money as possible before the end of the 2014/15 financial year.
In general, the future’s looking bright for SMEs. There is a growing confidence in the economy as the demand for independent businesses increases. Government initiatives such as Small Business Saturday are backed to encourage consumers to shop locally, and have achieved lucrative results with hundreds of customers supporting SMEs all over the country.…
The number one reason why I am interested in inventions is due to their problem solving nature. While many inventions are ridiculous, some are simply brilliant. One of the most recent inventions that have grabbed my attention is NanoLight: The world’s most energy efficient light bulb – most probably THE solution to your small business’ electricity cost cutting regime.
Of course, there are some tech advances on light bulbs, such as Philips Hue and its crowdfunding-backed competitor, Lifx. They produce smart light bulbs that are programmable via WiFi.…
Are you looking long and hard at your small business expenses report, wondering why your small business is barely survive last month – and still can’t get the answer? This blog post can give you one or two areas you can focus on and start solving your cash shortage issues almost immediately.
It’s official: You can cut your small business costs easily by taking care one, single area that has the biggest impact on your total expenses. Can you guess?
It’s your ‘on the go’ business expenses.…
