Businessman Laughing while on Cellular Phone

Cost cutting is the buzz word these days. Go to any office work place – whether it be a big corporate office or a small business location. Cost cutting is what everyone is trying to do effectively. What are some of the ways by which you can considerably cut down on costs?

One, get rid of multiple telephone lines.
How many lines do you have in the office? Two or more? Why don’t you evaluate your set up and see how many lines you really need. If you are running a small business, I doubt that you would need more than 2 lines. You do not need a separate phone for each person. While that would be more convenient, think of the money you can save if you have only one or two main lines and use extensions for others.

Two, limit business travel.
If you need to travel for meetings and similar activities, why not look for an alternative such as telephone and video conferencing? With the technology that is available to everyone these days, there really is no excuse to spend more than is necessary for meetings. To save even more, invest in a VOIP package that will cut your telephone costs considerably.

Three, make sure everyone turns their PCs off at the end of the day.
The habit of many employees is to leave their PCs on when the leave the office. While this is convenient – no need to boot up the next day – the electrical consumption does add up. Remind everyone to shut down and turn everything off or even assign people to check everyday. You will be thankful for the power savings that translate to money.

Originally posted on November 18, 2010 @ 10:52 am

Analysis, Business, Tips

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