Best ways to save money

Discussion in 'Growing and Managing a Business' started by KeithM., Jun 12, 2010.

  1. heathhutt

    heathhutt
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    there are number of ways to save money in a small business.according to my point of view ways to save money are budget and management of resources of business,Adopt a power management strategy, Consolidate servers and Consider life cycle when purchasing equipment.

    If any one have more idea about to how to save money in a small business, please let me know the different methods which helps in saving money.
     
    #41 heathhutt, Sep 15, 2010
    Last edited by a moderator: Sep 15, 2010
  2. cambsfurniture

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    When buying stuff, make sure you know all the costs. For instance, we put together our furniture for people, meaning no costs in employing a carpenter to assemble at your house. The furniture will arrive flatpack and then be made in situ.
     
  3. SetMyCompanyUp

    SetMyCompanyUp
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    Like someone said above, I withdraw money from online accounts quickly. When your money is just a figure on a (paypal) screen, it doesn't seem as 'real' as when you hold it in your hand. Much more likely to squander it on online purchases. Holding the notes in your hand is a different story :)
     
  4. Cathy Duncan

    Cathy Duncan
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    In my opinion, the best ways to save money are to devise strategies for everything, because if you’ll go strategically, you be doing a good business along with saving money. For instance, if you’re launching a new business, you should make a strategy to do all the works at the same time, it’ll be time- and cost-effective, and will make you a great success in business world.
     
  5. Fergal

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    Welcome to Business Advice Forum Cathy!

    Can you please explain what you mean by that a little more?
     
  6. www.chinadreambox

    www.chinadreambox
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    buy goods when the goods is on sale ;make big money
     
  7. abdullah19

    abdullah19
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    i love saving money
     
  8. rapidbilling

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  9. Fergal

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  10. haramarcuse

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    Saving is important, no matter how small the amount is. It is important to buy things you can afford at the moment which means you don't have to buy impulsively.
     
  11. ecoman

    ecoman
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    Look at your biggest expenses, people tend to try and save pennies on several things then go and waste pounds on a useless item.

    Resist the urge to buy unless you really need it, wait a fortnight and do online research and if you really want the product then start a savings jar. You'll appreciate it more. It's what they used to do in the olden days before credit cards:)
     
  12. VVhite_Angel

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    My latest better action to save money is ... to look on "price per kilogram" on foods when i'm buying them :D.

    Like 25% of economy :)
     
  13. crytalzcl

    crytalzcl
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    I can't save money

    I can't save money and even won't try t do it. I understand that I have to if I want something bigger but not this year.
     
  14. yulin236

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    I'm thinking a best way to earning money...

    I think the best way to save money is to earn more money
     
  15. GekiDan

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    Can we know why?
     
  16. Sefagar

    Sefagar
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    Make two or more bank account depends on your needs. 1 account for the money you can spend for the whole month, another 1 should remain untouched.
     
  17. wwilson777

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    The best way to save money is investing your money in mutual funds or in share markets
     
  18. royal383

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    Hi

    I ma saving money in my paypal account.

    I never purchase online from these money
     
  19. James00

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    The best way to save money is to deposit into bank.
     
  20. alpyssa12

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    If you buy the best stuff, if you don’t maintain it you will not save you as much money as it could. You’ll then spend less on buying new stuff. When you buy something worth maintaining, take a few minutes to read the maintenance manual, and create a maintenance checklist that you can attach to the item. For important things like your car’s oil changes or tune-ups, put them in your calendar.
     

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