It is possible for small companies and individual business people to cut costs without sacrificing quality. Keep these 10 budgeting tips in mind when purchasing goods and services.
1.) Buy in bulk, but compare prices.
Sam's Club and Costco cater to small businesses and have good deals on bulk-packaged items. Know the sale prices at discount retailers and grocers, though. Sometimes you can do better there.
2.) Travel Frugally.
With some flexibility you could save up to 75% or more when traveling. 50% is common. Search for air fair and hotels on discount sites such as Expedia.com, Travelocity.com, Hotels.com, and Priceline.com. At Priceline you can submit your own price. Don't be intimidated if you get a message saying your bid is likely to be rejected because it is too low. Give it a shot anyway. Lowball bids are often accepted ($35 for a $139 room, for example).
3.) Look for closeouts / clearances.
Shop big retailer's regional warehouse or clearance store, where they ship rejected or overstocked merchandise. The items are primary large-ticket, such as furniture and appliances, that have been damaged in shipping. Keep your break room/kitchen configuration in mind when shopping. Look for items dinged and dented on sides that will be against the wall or hidden by cabinets.
4.) Buy used vehicles.
As soon as a new car leaves the lot, it drops in value. Look for dealers that need to move inventory, individuals with cars coming off lease, and other unusual situations. If there is high demand for the vehicle you are looking for, try shopping outside of your immediate area, where demand may be lower.
5.) Purchase business wear from consignment and non-profit stores.
Shop at the better consignment stores that carry only new looking, brand name items. Also, try non-profit stores, such as Goodwill, for business casual attire. You not only get a good deal, you support charity as well.
6.) Shop around for the best price.
Combine Internet and "real world" shopping to save money. Before purchasing an item, research current sales and rebates in three ways: 1) Research local sales at ShoppingList.com, 2) Compare online prices at MySimon.com, and 3) Search individual Web sites such as Sam's Club, Costco, and Wal-Mart. If you are purchasing items to resell, don't forget to use your tax ID.
7.) Recycle and refill.
Come up with creative ways to save on office supplies. Purchase ink refill kits. You can refill an ink cartridge for a fraction of the cost to buy new. Look for refill kits at your local office supply store or search for "Ink refill kits" in an online search engine. Use both sides of the paper. Instead of throwing away paper, print drafts on both sides. When printing out drafts to proofread, chose "draft quality" printing. It not only saves ink, but prints faster as well.
8.) Buy refurbished or previously used furniture and fixtures.
You can often get used and/or refurbished items at a price less than new. Search local online portals and business directories for companies that refurbish and sell business furniture. Also, if you know you are going to need replacements, keep an eye out for liquidations, auctions, and going out of business sales. Fixtures are often sold along with other inventory.
9.) Barter.
Look for bartering networks, where members help each other by trading goods or services. You can also approach businesses and freelancers on your own with a win-win proposition.
10.) Save on marketing costs.
Rather than outsource all your marketing to an agency, learn to complete some tasks in-house. Join marketing newsletters, purchase how-to guides, and read articles written especially for small businesses.
Bobette Kyle draws upon 12+ years of Marketing/Executive experience, Marketing MBA, and online marketing research in her writing. Bobette is proprietor of the Web Site Marketing Plan Network, http://www.websitemarketingplan.com, and author of the marketing plan and Web promotion book "How Much For Just the Spider? Strategic Website Marketing For Small Budget Business": http://www.HowMuchForSpider.com
MORE RESOURCES updated Thu. February / 09 / 2012 BoldSky | Remedies To Lighten Dark Finger Joints BoldSky To get rid of dark finger joints, here are few natural remedies. Take a look. 1. Scrub everyday while taking bath. This is one simple home remedy to get rid of dark finger joints. You can use a loofah to remove dead skin. Always apply a moisturizer ... |
Daily Chat: Home remedies... San Angelo Standard-Times No wonder so many turn to home remedies for what ails ya! Gargling with salt water for sore throat. One lady used a shaman-type ritual on me once involving an egg and a prayer for a headache. It worked! So what home remedies do you recommend for the ... |
Study finds many home remedies for acidity trump pharma drugs Times of India A series of tests conducted by Consumer Education and Research Society (CERS), Ahmedabad, found that many home remedies are more effective than pharmaceutical medications. As per the results, over-the-counter (OTC) drugs like antacids provide relief ... |
 BoldSky | Simple Cure For Excessive Burping BoldSky Today, we will discuss on burping cure with some natural home remedies. Take a look. Burping is caused when the food passage is filled with air bubbles (that are formed while talking, laughing, sitting in odd positions etc). The bubbles rise in form of ... |
 HealthJockey.com | Home remedies for glowing skin Times of India Today, with expert inputs from Dermatologist Dr Meghna Gupta of Delhi Skin Centre, let's get back to our roots and understand a few quick home remedies for glowing skin. - Coconut oil has anti-inflammatory properties. Virgin coconut oil or coconut ... 7 Home Remedies for Wrinkles and Fine lines |
Expert advice: Home remedies for headaches Times of India Dr. Vikram Singh, Consultant, Neurosurgery at Moolchand Medcity, gives us some excellent home remedies for headaches. Read and practise these tips today. Over to Dr. Vikram Singh... Hydrate yourself: Dehydration can be one of the top causes for a ... |
India-specific Home Remedies Will Be The USP For Medico.in: Elan Dekel, Medico ... VC Circle He added, “We will also keep the India specific home remedies in mind like Ayurveda to reach out to the larger audience.” Backed by VC firms like First Round Capital, FirstMark Capital, Greylock, Nexus Venture Partners and prominent angel investors, ... |
Fabulous Frizz Free Hair At Home – J F Lazartigue Inventorspot I searched for some at-home remedies for curly or frizzy hair that would provide similar results for a fraction of the cost. French hair experts from JF Lazartigue has come to the rescue with a line of straightening products consisting of shampoo, ... |
 Nashville Scene | Front burner: News from Turnip Truck and FiddleCakes The Tennessean The first classes are on herbal supplements, myths and home remedies; they are scheduled for 6 pm Thursday and 10 am Saturday. The next classes, on March 8 and 10, define health-food buzz words. On April 12 and 14, Robert Björkholm from Organic Prairie ... Turnip Truck Market in the Gulch Launches Free Classes |
Home Remedies: The Quick Fix COS The Campus The role health plays in scholastics demonstrates the value of knowing reliable treatments. Many home treatment methods exist descending from a variety of cultural traditions, however most minor symptoms are easier to avoid by adhering to proper habits ... |
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