Cutting Costs

Affordable Healthcare Options for Small Business Owners

The Kaiser Family Foundation reports that, in 2015 approximately 147 million people (63 percent) were covered by employer-sponsored health insurance, costing business owners roughly $12,591 per employee for family coverage for the year. This amount is up from $8,167 in 2005, highlighting the fact that employee healthcare is costing small business owners more money than … [Read more...]

Window of Opportunity: 5 Questions with Michal Bohm, Owner of BM Windows

Michal Bohm, Owner of BM Windows in San Diego answers our questions about owning a replacement window and door business. He discusses how he started out in the industry, and the lessons he's learned along the way. What are the primary service(s) or product(s) that your business provides? BM Windows is company that sells and installs premium vinyl windows and doors in San … [Read more...]

Saving Money on Business Travel

Doing your due diligence before booking a hotel helps to make business travel more profitable and less stressful. Think about your needs, from data to ground transportation, and make smart decisions that keep you focused on the work you need to do and the relationships you need to build. Research WiFi Policies Data charges are a hidden cost of business travel. Before booking … [Read more...]

4 Effective Ways to Cut Small Business Costs While Raising Revenues

Cutting costs isn’t always easy. And when you’re trying to operate a small business, it can be even harder. But when you can pull up your online bank statement and see a number other than straight zeros on the screen, the comfort that gives you and the amount of anxiety it reduces is more than worth the things that you may have to give up or change in order to get to that … [Read more...]

5 Money Management Tips for Your New Small Business

There is nothing more exciting than making that first sale or obtaining that first client for your new small business. After all your hard work, your “baby” is off and running. To keep that momentum going, however, you need to put some clear money management practices into action. Here are five tips to get you started. Keep Accurate Records Get into the habit early and you … [Read more...]

5 Easy Ways to “Green” Your Small Business

The phrase “going green” has gotten more than its 15-minutes of fame in our culture, but it really boils down to making decisions that help sustain natural resources and help protect the environment. What is great is that by making some of these decisions for your small business, you can save money too. Here are some simple and inexpensive ways you can “green” your … [Read more...]

Going the Extra Mile: Putting Your Vehicle in the Company Name

There is no doubt about it that when you seek out small business ownership, you are looking for a certain way of life and the perks that come with it. Obviously you will need to work hard to get there, but one of the top reasons for going into business for yourself is all of the tax breaks and advantages that are available to a business, compared to what you can get as an … [Read more...]

Five Ways to Keep Money in Your Pocket as a Small Business Owner

The Ancient Roman playwright Plautus is credited with coining the phrase: “You must spend money to make money.” Certainly, as a small business owner, you know that to be true.  Even with the leanest start-up, there are costs to running a business. The trick, of course, is to earn more money than you spend. Here are five key ways you can keep more money in your pocket. … [Read more...]

How to Increase Your Bottom Line Now

Sometimes the numbers just don’t work.  You need that bottom line to increase as soon as possible, like yesterday, but something just isn’t clicking.  It happens in every business at some time or another, but what can you practically do?  You already offer a great service or product at fair prices.  Customers are happy and there are plenty of them.  Business is booming but the … [Read more...]