It’s the price of keeping your business ticking over. Making sure that you cut non-essential expenses, and keeping on top of your overall business costs is vital to your overall reputation, but the big problem with cutting costs is if it’s really a sure fire way to keep your business above water for the long-term, not just the short term. When we make cuts, we run the risk of cutting
A lot of new entrepreneurs put a lot of focus on making sales when they first start doing business. And while this is a sensible thing to focus on, the reality for most businesses is that it often makes sense to put more focus on saving money. Ultimately, the less money you spend on creating a product or providing a service, the higher your profit percentage will be. Ultimately, trimming
If you’re wondering whether to invest or save, don’t worry – you’re not the only one! Obviously the answer depends on your goals and your financial situation, but in short, when you save money in cash, you’re putting it away for when you need it most, or for something particular. Investing is all about trying to make your money grow over a longer period of time. Here are are
Nowadays, a lot of the products being sold around the world are designed for a single use. From the paper cup which your morning coffee comes in, to the packaging you get on your food, there are loads of areas which make it easy to waste when you’re in a modern society. Of course, over time, this has made its way into all fields, and technology is one of the
We all know how seductive but ultimately destroying it can be when we dig ourselves into a comfortable rut. The rhythms of life kick in and before long we find ourselves almost swept away by the ebb and flow of each passing day. We get ourselves in a comfortable cycle and before we know it, whole years slip by in what seems like minutes as we “just get by” from
Learning how to stay in control of your money is one of the most important skills you can master in your adult life. We need to pay rent or a mortgage to keep a roof over our head, we need to pay utilities for things like water, gas and electric. We have to budget for food, our car, travel and other crucial things in life- and if we start to
If you’re like most people, you may be aiming to improve your financial situation in 2018. A new year often encourages us to look at our goals and see if our habits are in line with where we’d like to be in the future. With that in mind, here are some top ways you can save money in 2018: Create a budget How can you save money if you don’t
Senseless spending A lifetime of poor spending habits can land you in a pretty terrible financial situation, but it’s best to not let that panic you. Most of the time there’s a quick way back up to a healthy balance, but you need to start making sacrifices. Getting rid of things that you enjoy can be difficult, but anything is better than being stuck in debt. Debt can leave you
Most entrepreneurs and CEO’s are unable to run their company without the help of their team of employees. Although their staff is crucial to the smooth running of the business, though, there is no getting away from the huge cost that employees are. After all, you need to fund their wages, vacation and sick leave, and monthly pension payments. But these aren’t the only way your employees will end up
You should always be looking to boost your profits. But how you actually do that is a different story. Sometimes you’ll either just reach a point where you’re making no strides with profit, or you’ll have problems right from the very beginning. Whatever stage you’re at, we’re here to help. All you need to do is have the knowledge, and a little perseverance, and you’ll have your profits boosted in