Running a business - Cost cutting

Recently added Tips & Advice

TRAVEL COSTS - 08.10.2020

Carry on cutting travel costs

You’ve been asked to shrink the travel budget. This can be done in one of two ways and coronavirus has actually made the more effective one easier for you. What can you save?
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UTILITIES - 08.10.2020

More handwashing but save on water

If staff are back in their normal workplace they will be washing their hands more frequently than ever. This shouldn’t be discouraged. So, where else could you reduce consumption and save money?
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OFFICE COSTS - 08.10.2020

Dishwasher savings

To help ensure maximum hygiene, you’ve decided to install a new dishwasher in the kitchen, rather than run the risk of dirty mugs and everyone handwashing items. Which is the most efficient model and what will it save you?
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IT EQUIPMENT - 08.10.2020

Cash for excess IT stuff?

With more staff working from home on a permanent basis you have some IT equipment left in the office that’s surplus to requirements. Can you make some money from it?
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BARTERING - 03.09.2020

Using bartering to save cash

In the current economic climate, the cash flow for many SMEs is very tight. However, you don’t always need cash in order to buy goods and services - you can barter for them. What’s involved?
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INVESTMENTS - 03.09.2020

Tax relief for share value fall

The stock market is up and down following fears of a second wave of coronavirus. The directors are reviewing the shares they own. Could the fall be good news in terms of tax planning and what will you save?
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Running a business - Cost cutting

Most read Tips & Advice

INVESTMENTS - 03.09.2020

Tax relief for share value fall

The stock market is up and down following fears of a second wave of coronavirus. The directors are reviewing the shares they own. Could the fall be good news in terms of tax planning and what will you save?
Read more

SALARY COSTS - 03.09.2020

Can a salary freeze pay off?

The government is reportedly mulling over a pay freeze for public sector workers, including NHS staff. This is never going to be a popular policy, so should it be part of your cost-saving tactics?
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IT EQUIPMENT - 03.09.2020

Save with refurbished PCs etc.

Some staff will be working from home for a while yet, so you need to equip them with new laptops. However, someone has mentioned that “remanufactured” ones could save you money. What’s to know?
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