Money going down the drain in business can be a real death toll for a company. Wasting money accounts for much of the failure and slow starting of buisnesses out there. There are so many companies wanting to sell to businesses that businesses get caught into the same sales situations s they hope to use on others!
The glamour of having a "PR company" and hiring a "graphic designer" and an "SEO expert" and bringing them in to "do it for you" can feel all professional, but the reality is, they are all out to make money just the same as you. It is a good idea to sit down and work out exactly what you can do in house, and how much it can save you. The field of advertising and promotion is so wide and varied there simply are no simple answers.
People often spend way too much on office space. Hiring office space is hugely expensive and in the early days, you do not need as much space you may think. Taking it slow and expanding slowly and really keeping an eye out for the right place at the right time can save you much money.
On way many businesses that use vehicles waste money is in their running costs. Cars and vans can take up so much time and resources it can be shocking. This is why many businesses, such as catering businesses, flower delivery companies, and any sort of company that utilizes cars, take out what is called fleet management software. Being able to see on the screen how much your vehicles are costing you at any given time and why is a huge savings.
Making the most out of people is essential. Underusing staff, hiring the wrong staff, hiring too many friends and family, and spending too much money training people when you could hire someone already trained, can all add up. You can save money taking time to find the right person rather than rushing to find the wrong person.
The glamour of having a "PR company" and hiring a "graphic designer" and an "SEO expert" and bringing them in to "do it for you" can feel all professional, but the reality is, they are all out to make money just the same as you. It is a good idea to sit down and work out exactly what you can do in house, and how much it can save you. The field of advertising and promotion is so wide and varied there simply are no simple answers.
People often spend way too much on office space. Hiring office space is hugely expensive and in the early days, you do not need as much space you may think. Taking it slow and expanding slowly and really keeping an eye out for the right place at the right time can save you much money.
On way many businesses that use vehicles waste money is in their running costs. Cars and vans can take up so much time and resources it can be shocking. This is why many businesses, such as catering businesses, flower delivery companies, and any sort of company that utilizes cars, take out what is called fleet management software. Being able to see on the screen how much your vehicles are costing you at any given time and why is a huge savings.
Making the most out of people is essential. Underusing staff, hiring the wrong staff, hiring too many friends and family, and spending too much money training people when you could hire someone already trained, can all add up. You can save money taking time to find the right person rather than rushing to find the wrong person.
About the Author:
Jolene Hunt is a widely respected writer who has been writing for 5 over years often writes on Fleet Software and a wide range of other subjects.
No comments:
Post a Comment