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Wednesday, June 14, 2017
Really Easy Ways to Save Your Small Business Money
Of all the challenges small businesses face, holding the line on costs while trying to expand or with a slow economy may be one of the toughest. When sales slow or expansion eats into your profits, don't panic – consider these 10 easy ways to cut costs instead.
1. Get free press
Can you recommend the latest fashions that are affordable on any budget? Explain how to keep mice out of the kitchen and spiders out of the basement? Pitch ideas to your local media and offer yourself as the expert. The free press can help trim your advertising costs and boost your business' visibility in the community. Win-win.
2. Be flexible
Real estate can be expensive for any small business – up to $100,000 for a 10-year lease. Instead, consider setting up shop in a temporary space that doesn't require a long lease and allows (read more here)