Knowledge Is Growth
Easy Ways To Save Your Business Money
Do Your Own Taxes
As a small business owner every penny counts. Accounting and tax prep are critical to operating a successful business, however, that doesn't mean you should mortgage your companies future to pay for accounting services. There are other solutions. Try any number of great pre-packaged accounting software options such as TurboTax, Intuit or even an online service from HR Block. These options will give you everything you need to keep track on your finances and be ready to knock out taxes quickly when the time comes. Best of all, they are all extremely pocketbook friendly options.
Pre-paid legal services
Consulting an Attorney for important contractual matters is extremely important. There are however simple matters that can be handled via the use of services such as Pre Paid Legal or Legal Zoom. Don't be in such a hurry to hand money over to an expensive legal professional before you consider the alternatives.
Consider a virtual office
Every business should have a minimum of a business address (not your home address), dedicated business phone number, website, fax number and voice mail. These are the absolute must haves!. But, think further, consider the image you present to prospective clients. Does the bare minimum go far enough? The simple answer, NO. You need more, potential clients are more apt to trust a business that presents a large company image.
How can you do that on a budget? A virtual office. Virtual offices offer all of the minimum necessities and options like live receptionist call answering, as needed conference room space and even day office use as needed (with some companies). This is big for a growing business. This really allows you to look the part of a big time player while paying minor league prices. If you want to leaven more about these products you can visit a company like Find a Virtual Office for access to many locations throughout the US.
That's Not All...
There are other areas of operation to consider and evaluate when looking for cost savings. This is just a quick primer to get your mind thinking about where you can begin that evaluation. So sit down, take a good hard look at your finances and look for the areas that might hold some cost savings. There are solutions out there, one only need look.
Other helpful tips can be found at http://www.sba.gov/