Running an online business is about making money. But making money is not just about the money you have coming in its also about controlling and reducing the money that you have going out - reducing your overheads and getting the best bang for your buck.
When it comes to reducing overheads and getting the best bang for your buck you should be constantly on the look out for ways to get any consumables or other products that you need for your business as cheaply as possible. When you are searching to buy stuff online always watch out for the bargains because if you can save yourself some money then in the long run you are making more.
I am particularly fond of finding stores which are running promotions. Many online stores do this but they can sometimes be hard to track down. Finding a store that pulls all this together for you can save a lot of time and energy.
One of the things you might want to think about to give your business a more professional look for example is having properly printed and designed personal/business checks. Checks in the Mail do this and are one of the companies that are listed in Couponchief.com in their Office Supplies coupons and deals section. That site has a lot of stores advertised all of whom are offering coupon discounts on their products through the site with potentially substantial savings. It is probably also worth keeping an eye on the Computers and Software discounts part of that site because there are also some good savings on software there; for example on Dell computer products and HP products. Coupon offers are often time limited though, so don't expect the offer that you see one day to necessarily still be available the next day!
Making savings is not just about savings on purchases of course. You really need to think about all your overheads. When it comes to hosting for example there are a lot of things you can do initially if you find a decent Free Hosting service - and there are some decent ones about. You will outgrow such a service ( hopefully !) in time - but there is no point in spending more than you have to at the start.
Anyway just remember that running a successful business is not only about getting as much money coming in as possible but that it's also about being careful and looking for discounts when you are spending money.
13 February 2008
Control your outgoings and look for bargains
Labels: Costs of business
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