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Small Business Tips

Do you run a small businesses? If so, you've probably noticed that your expenses are higher than you'd like. In this article, I will go over a few things you can do to bring down your costs.

 

1. Whenever you can, do it yourself.
You'd be surprised at how much you can do on your own. While the first instinct is to hire a professional, I encourage you to try to complete a task on your own first. A good example would be bookkeeping and tax returns. Although it may feel daunting to take on such tasks on your own, if you buy quality software such as Quickbooks and Turbotax, you will able to handle most accounting tasks on your own.

2. Buy online as much as possible.
All other things being equal, I have noticed that you can get better deals on products and services if you buy them online. This is true for everything from software to ordinary office expenses like pens and paper. Using a price comparison site like Nextag is one way to easily find the store that offers the best price for a particular item.

3. Use coupons and promo codes.
I'm always surprised by how few people take advantage of coupons and promo codes online. They are extremely easy to find. For example, when I bought checks last week, I typed in "Deluxe Coupons" into a search engine and immediately found tons of sites offering promo codes for Deluxe. It only took a few seconds and allowed me to save 40% on my order.