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7 Money Saving Tips to Decrease Home
Business Expenses
We all know that running a home business is
highly satisfying, and at times downright liberating! No clock to
punch, no dress code, and best of all, no boss to answer to. But there
are also many facets of business ownership that entrepreneurs must stay
on top of. One of those is keeping the expense to income ratio in
balance. Below are seven painless ways to do just that.
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To save on costly ink cartridges, print in
draft mode, unless the printout is for a client or will be reproduced.
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After spending your hard earned money on
those ink cartridges, turn them into a free ream of paper! Many
office supply stores offer a free ream of copy paper when you recycle
a used ink cartridge at their store. Ask your local office supply
store if they offer this service to their customers.
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Make that free paper last twice as long.
How many times have you printed something without spell checking it
first? Use the back of those misprints for making lists and jotting
down ideas. Another way to keep paper use down is to utilize the
annoying sheets that often print out last with just a small ad or
footer on them. Turn them over and print on the blank side.
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Apply for a cash back/rewards credit
card. Using one credit card for all of your business purchases
simplifies bookkeeping and makes categorizing expenses at tax time a
lot easier. Why not earn rewards such as airline miles or restaurant
gift certificates, or even better- cash, on purchases you have to make
anyway? Just be sure to fully read the fine print concerning interest
charges and late fees. Or pay off the balance each month and avoid
both!
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Compare prices on internet service
providers. Some companies offer a discount when internet access is
bundled with cable or phone service. If you are really happy with
your current ISP, call and ask if they are offering any promotions
that you can take advantage of.
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Network with other home business owners
and offer to barter goods or services. If you own a gift basket
business, assemble baskets featuring a direct sales consultant’s
products, and customers are purchasing from both of you at once. A
bookkeeper can trade services with a web page designer. The
possibilities are endless. You just have to ask.
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For low cost advertising, contact
organizations holding charity auctions or raffles. You supply the
prize, whether it’s jewelry or web hosting, and in return you receive
exposure for your business and pleasure in donating to a worthy cause.
About the Author:
Paige Hall is an
Independent Consultant for Azante Jewelry
Handcrafted Jewelry Made with Gifts from the
Earth!
www.myazante.com/paige
If
you have an article you would like to share please submit it to
Stephanie@HomePartyPlanNetwork.com
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