Small Home Business: Effective Ways To Reduce Your Costs

Written by Kim Beardsmore

One ofrepparttar advantages of conducting your own small business is you can significantly reduce your costs by controlling a few simple processes. Here are ten useful ways to reduce your business costs.

1. Network With Non Competing Businesses This can present a fantastic opportunity for many businesses. Try networking your business with other business owners. Of course, you would not approach someone with business that is in direct competition with yours! There may be several non-competing businesses that appeal to a similar market as your business. For example weight loss, lingerie and child care businesses all appeal to women and do not compete with one another. You may be able to trade leads and mailing lists.

Make a list of allrepparttar 138397 possible business alliances in your area, work out a win-win arrangement where both businesses benefit, and systematically work through your list. This will cut down on your marketing and advertising costs.

2. Wholesale/Bulk You'll save money buying your business supplies in bulk quantities. You could get a membership at a wholesale warehouse or buy them through a mail order or internet wholesaler. Buyrepparttar 138398 supplies you are always running out of.

3. Free Stuff You should try visitingrepparttar 138399 thousands of freebie sites onrepparttar 138400 internet before buying your business supplies. You can find free software, graphics, backgrounds, online business services and business cards to mention a few items. There are many online sites providing freebies, and to get you started visit and

4. Borrow/Rent Have you ever purchased business equipment you only needed for a small period of time? You could have just borrowedrepparttar 138401 equipment from someone else or rentedrepparttar 138402 equipment from a business equipment supplier. A quick search throughrepparttar 138403 Yellow Pages or onrepparttar 138404 internet will give you a number of places that rent office equipment.

5. Online/Offline Auctions You can find lower prices on business supplies and equipment at online and offline auctions. I'm not saying allrepparttar 138405 time, but before you go pay retail for these items try bidding on them first. If you are not able to visit a local auction, you may find online auctions such as useful.

Small Business Health Check-Up

Written by Kim Beardsmore

If your home business is not performingrepparttar way you hoped for, rather than stay away at night...use this simple list to check-up on possible reasons why your business is under performing.

1. You don't offer free original content.

2. You don't use a signature file on your e-mails.

3. You don't offer free software.

4. You don't have your own domain name.

5. You don't offer a free contest or sweepstakes.

6. You don't test and improve your ad copy.

7. You don't offer a free web site directory.

8. You don't give people any urgency to buy now.

9. You don't offer a free e-zine.

10. You don't attractrepparttar 138396 target audience that would buy your product or service.

11. You don't offer a free community.

12 You don't let people read your ad before they get your freebie.

13. You don't offer a free affiliate program.

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