Thursday, March 12, 2009

Don’t look for “cheap”



With economic turmoil experienced by our businesses, you’re probably looking for the best way to minimize cost without laying manpower off before busy months. Here are few ideas that you can adopt based on “How to Cut Small Business Costs” from choosewhat.com.

* Eliminate the Fax Machine

If you don’t have a fax machine, it means there’s no paper or toner to use. Typically the monthly fee you pay fax service for is a dedicated phone line, and you have no distance charges. Most companies especially in the specialty retail industry offer separate services for technical support, maintenance and other services that demand additional costs. Companies like LivePOS offer a system that gives a solution that significantly cuts your costs.

* Buy in Bulk

As a single business, it won’t work for you. Look for other small enterprises that may be willing to join you, and tie up in a purchasing plan. You can both benefit and take advantage of volume and discounts you wouldn’t be able to get on your own.

* Get an affordable and reasonable POS system

Some companies offer cheaper software that is not as good and effective as you should have. They don’t offer ALL-in-One system that you need. When comparing the cost of POS like LivePOS with other expensive systems that requires additional fees for different services, it is easy to see which one is the more affordable and reasonable POS system. Look for the system that offers a complete package that offers everything and looks after the welfare of your business.

* Best employee of the month

You don’t need to hire a monkey to create novelty and then pay them with bananas. Avail of the best system and reward the best employee. It shows how efficient and effective your business is. What will be the use of hiring more employees if a few can produce the same?

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