Chances are, if you look carefully through all of your expenses, there are a lot of hidden potential savings. A lot of small ongoing expenses add up to an overall big expense. But, let’s face it, we don’t always have the time to go through our expenses with a fine tooth comb. So, here are four things you can do to ensure you’re automatically saving money without you having to go back and do the work to check up on it.
1. Install the Gumdrop by Goodshop browser plugin on all of your company’s computers. This new add on automatically applies the best coupon at check out when you shop online at thousands of stores like Office Depot, Best Buy, Apple, and Target to name a few. That means the next time you or one of your employees buys something for the office, if there is a chance to get a discount, it will happen without you doing a thing! The other added benefit of Gumdrop is that you can select a charity and a portion of what you spend will go to that cause.
2. Keep all of your equipment on a power strip and turn it off at the end of the day. According to some studies, that can save you nearly $100 per year per computer. That adds up quickly as you add employees. In addition, set your printer to automatically print on both sides of the paper.
3. Get a smart thermostat for the office. This means that you can decide when the or heat goes on ahead of time and you’ll never forget to turn it off when the office closes. Accidentally keeping the air conditioning on all night long — or even worse, all weekend — could be sucking much needed funds right out of your coffers.
4. Let your credit card pay you. Either get a small business credit card which provides you with rewards that you’ll be able to use later or get a cash back credit card which in essence gives you an automatic discount on all your purchases. Granted, you will likely be charged a fee for these cards, so make sure you are using the card enough to make it worth it.
Source: https://www.theselfemployed.com
Theresa Todman, Managing Partner/CEO of B&M Financial Management Services, LLC . Theresa works with small business owners and entrepreneurs to assist them with financial management and creating organized systems and procedures. She specializes in bookkeeping, accounting, QuickBooks solutions, small business tax issues and consulting.
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