Cutting Costs

How The “Buy Cheap, Buy Twice” Mentality Relates to Growing Businesses

Cost-minimization is one of the cornerstones of success in business. For economists, the entire decision-making process of a firm can be reduced to this one simple task. While it may be simple in theory, putting this into practice as a business manager or owner can be difficult. Many businesses will simply buy the cheapest equipment for their office assuming that they can be … [Read more...]

How to Manage Your Money Better

We live in a society that is built on capitalism, and this system will not function properly without money. People have to work in order to enjoy what life has to offer. But even those who do tend to have a lot of money problems. There are certain things which can help you with having better money management skills. It starts with some simple tips. If you have not had a … [Read more...]

Business Frugality: 4 Creative Strategies to Lower Your Costs

If you run a company, then you know that you need to save every penny that you can to turn a profit in business. There are several things you can do that will help save your company money. Here are several that you may want to consider. Relocate Your Company to a College Town You probably don’t realize this, but college towns are a great source of labor. Current students are … [Read more...]

Overcoming the Challenges of the Trucking Industry

The trucking business can be a lucrative field when it is managed correctly. No matter what parts of our lives end up converting to a digital format, there is no less need to be able to move things from place to place. You can't email someone a package, after all. Because it's such an enduring enterprise, there is less worry in trucking about the availability of business. … [Read more...]

Useful Tips for Getting Your Small Business Back On Its Feet

Small businesses usually don't have enough money to survive through a bad year, so owners have to make careful decisions on how to cut the costs and increase the revenue. Whether it's tough competition, financial obstacles, or being unprepared for rapid growth of business, there are a lot of reasons why many companies end up in debt within five years. So, should you panic? The … [Read more...]

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...]

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...]