| Everyone needs office supplies, from the | | | | salvaged with a little creativity and |
| parish of a small town to the largest | | | | resourcefulness. |
| conglomerate in the land. The daily grind of | | | | |
| business requires tons of paper to be | | | | 3.Collect them all. All those expositions, |
| consumed every day, along with miles of | | | | seminars, and conferences can yield a lot of |
| pencil lead, staples, ink, and everything | | | | pencils, pens, and other goodies. You can |
| else that is used by millions of offices all | | | | stash them all and use them at the office. |
| over the world. Costs from purchasing office | | | | |
| supplies could account up to 40% of an | | | | 4.Buy in bulk. A lot of office supply stores |
| office's operational expenses, on the | | | | can give a substantial discount if you buy in |
| average. More often than not, companies spend | | | | bulk from them. Buy enough paper, ink |
| 20% more than what they really need to. | | | | cartridges, diskettes, etc. to last an entire |
| | | | year. If this proves to be too difficult, |
| When a company is wasting money, profits grow | | | | gather your friends, co-workers and |
| smaller. A company that could be earning | | | | associates who need the same supplies that |
| $100,000 in monthly revenues could lose up to | | | | you need. |
| $25,000 or more of potential profits, all | | | | |
| because of unnecessary spending on office | | | | 5.Learn when to buy. There are slow seasons |
| supplies. Every businessman knows that it's | | | | and peak seasons for these items. Usually, |
| easier to reduce expenses than to increase | | | | office supply stores will offer discounts, |
| profits. A profit margin of 10% can be | | | | rebates or sales on school and office |
| doubled by cutting costs by that same amount. | | | | supplies during summer, so try to stock up on |
| Fortunately, a lot of companies are becoming | | | | what you need before you have to pay full |
| aware of this fact, and a lot more are also | | | | price. |
| starting to take measures to curb | | | | |
| overspending on office supplies. | | | | 6.Use the Internet. The information highway |
| | | | is available 24 hours a day, 7 days a week, |
| Everyone needs to save and stop wasting | | | | so go ahead and use it. Research on the best |
| money, whether you belong to a school, a | | | | prices available for the supplies that you |
| church, or a corporation. This article will | | | | need. Most online stores have detailed |
| provide you with some of the effective ways | | | | pricing and delivery information available on |
| to reduce operating costs by saving on office | | | | their websites. You can save a lot of time |
| supplies. By following these steps, you will | | | | and money on your next purchase by going |
| see your operational costs shrink | | | | online. |
| considerably and your profit margin start to | | | | |
| grow. | | | | A lot of times we can save time and money by |
| | | | just using common sense and diligence. It |
| 1.Take inventory of all the office supplies | | | | doesn't take a financial genius to discover |
| you have available right now and rearrange | | | | ways to reduce operating costs. I hope that |
| them in specially designated areas where | | | | this article has provided you with useful |
| people can easily find them when needed. | | | | information about reducing expenses and |
| | | | saving money by purchasing and using office |
| 2.Recycle. Binders, folders, or even notepads | | | | supplies wisely. |
| from last year's inventory can be reused or | | | | |