| Everyone needs office supplies, from the parish of a | | | | 3. Collect them all. You can get a lot of office supplies |
| small town to the largest conglomerate in the land. The | | | | from all those seminars, conferences, and expositions |
| daily grind of business requires tons of paper to be | | | | that you go to. You can stash them all and use them |
| consumed every day, along with miles of pencil lead, | | | | at the office. |
| staples, ink, and everything else that is used by millions | | | | 4. Buy your supplies in bulk. Office supply stores can |
| of offices all over the world. Office supplies can | | | | give a substantial markdown if you buy in bulk from |
| account for up to 40% of a company's operational | | | | them. Get enough supplies to last an entire year. If you |
| costs. Oftentimes, companies spend more on office | | | | don't have the budget to buy in bulk, you can also |
| supplies than they have to. | | | | gather your friends and associates and buy the |
| When a company is wasting money, profits grow | | | | supplies you all need. |
| smaller. A company that should earn $150,000 in | | | | 5. Learn when to buy. There are slow seasons and |
| revenues could lose up to $30,000 of potential income | | | | peak seasons for these items. Usually, office supply |
| because of excessive spending on office supplies. | | | | stores will offer discounts, rebates or sales on school |
| Experienced businessmen know that it's more difficult | | | | and office supplies during summer, so try to stock up |
| to increase profits than to reduce expenses. A profit | | | | on what you need before you have to pay full price. |
| margin of 10% can be doubled by cutting costs by that | | | | 6. Go online. The information highway is available 24 |
| same amount. | | | | hours a day, 7 days a week, so go ahead and use it. |
| I wrote this article to present some practical and | | | | Research on the best prices available for the supplies |
| effective steps to reduce costs on your office | | | | that you need. Most online stores have detailed pricing |
| supplies. Follow these steps and you will see your | | | | and delivery information available on their websites. |
| operating expenses shrink considerably and your profit | | | | You can save a lot of time and money on your next |
| margin start to grow. | | | | purchase by going online. |
| 1. Inventory all the office supplies that you have | | | | A lot of times we can reduce costs by just using |
| available right now and place them in specially | | | | common sense and diligence. It doesn't take an expert |
| designated areas where people can easily find them | | | | to discover ways to save money. I hope that this |
| when needed. | | | | article has provided you with useful information about |
| 2. Recycle. Binders, folders, or even notepads from | | | | cutting costs and saving money by purchasing and |
| last year can be used again or salvaged with a little | | | | using office supplies wisely. |
| imagination and resourcefulness. | | | | |