| arents and grandparents were a part of the reuse it, | | | | savings. |
| nondisposable generations. When resources get | | | | 8. Check Ebay for bulk items, office equipment and |
| scarce, we find ourselves reanalyzing how to cut | | | | supplies. |
| costs and save money. There isa frugal movement | | | | 9. Join an online forum in your industry to see what |
| taking place in our country now and it has been a long | | | | others in your niche are doing to cut costs. |
| time coming. | | | | 10. Share advertising costs with a company in an |
| 13 Tips To Save Money During Tough Times | | | | associated industry. For example, a real estate |
| 1. Refit your home and business premises for energy | | | | company may share ad costs with a title company or |
| savings. Stop those air leaks, turn off the lights when | | | | appraiser. An accounting firm could line up with a law |
| leaving the room. In Europe many hotels have motion | | | | firm. A beauty shop could align an ad with a spa or |
| detectors in the hallway that turn on the lights only | | | | clothing store. |
| when someone enters the hallway and elevators that | | | | 11. Recycle used ink cartridges at your local office |
| start running only when someone approaches them | | | | supply for credit on new cartridge purchases. We get |
| rather than all the time. | | | | $3.00 off on each new one. |
| 2. If you have a business that has a fleet of cars, | | | | 12. Add more value to employee jobs. Can’t |
| when the time comes, switch to hybrids. We cut our | | | | give a raise? One company we know found a local |
| gas bill in half with a new hybrid Camry that gets 36 | | | | gym that gave excellent discounts to employees. |
| mpg. There was also an attractive tax credit we | | | | Some local restaurants or sandwich shops may give |
| received that offset a good portion of the sale price. | | | | employee discounts. |
| 3. Shop at the wholesale clubs and share costs of | | | | 13. If things really get tough, you may be forced to |
| office supplies, cleaning supplies and paper products | | | | outsource some positions that used to be handled in |
| with your business neighbors. | | | | house. Google Virtual Assistants in your town to find |
| 4. Barter. If your business offers a product or service | | | | an independent contractor to provide administrative |
| appropriate for barter, ask a supplier if there are any | | | | services as needed. A virtual assistant can type |
| trade possibilities. Or join a barter association where | | | | letters, do data entry, marketing campaigns, graphic |
| you offer your products or services and gain points to | | | | design and some are capable with bookkeeping |
| trade for other products or services. | | | | processes. Best of all, you only pay them for work |
| 5. Turn off all computers and copiers when not is use | | | | performed and most will work off site. Contact the |
| and shut off the power at the source. Some | | | | International Virtual Assistant Association (IVAA) for |
| electronics use 25% of their power when in standby | | | | someone local with proper credentials. |
| mode. This can be easily done by plugging the | | | | When times are tough, we need our neighbors more. |
| computers and copiers into a surge protector. | | | | By working together we have a better chance of |
| 6. Need advertising? is free. So is a Facebook Pay | | | | survival as business owners. |
| Per Click ad. You only pay when someone is | | | | The good news is all downturns are temporary. |
| interested enough to click on your ad and you can set | | | | With the above tips, you can save needed capital, |
| a maximum daily budget. | | | | educate your employees about cost savings and get |
| 7. Recycle, reuse. There is no longer any stigma | | | | through the tough times. Best of all, these saving ideas |
| attached to reusing printed paper and printing in house | | | | can survive even when the economy improves and |
| documents on the backside of the paper for cost | | | | your business recovers. |