FOLLOW US

  • Facebook
  • Instagram
  • Pinterest
  • Twitter
  • Home
  • About
    • PRs Work With Us
  • MEDIA
  • DIRECTORS CUT
  • Contact Us
Joleisa logo
  • Frugal living
  • Eat for less
  • Start a blog
  • Recommendations

Five Great Ways to Save Money in Your Business

This post may contain affiliate links

When you are running a business, you have to be careful with the money that you spend. Not only do you need to ensure that you are meeting your expense expectations, but you need to make sure that you’re not overdoing it with your cash, too. Your business relies on you to ensure that you are utilizing the budget properly as if you’re not careful, you could end up in the red and have to close to pay the bills. 

 

The good news is that there are plenty of ways that you can save money in your business and still have a functional place for people to work that also offers enough to others to want to work there, too. The small changes can make a massive impact and you deserve to know what it is that you can do to save money and make your business expenses go further. So, how DO you save cash in your business and stop hemorrhaging it? 

 

The idealo piggy

  1. Shop around. Whether it’s for office furniture, PL insurance, electricity companies or the chairs you buy for your employees to sit on, shop around and get quotes for everything. The more quotes you get, the more choices you have and this will make a big difference to your budget. If you budget XYZ amount for your item you need, try to haggle it down and play companies off one another. This is the best way to get some great deals and ensure that your company gets the best it can get.
  2. Credit card deals. If your business is in need of a business credit card, take a look at the options in front of you for credit card deals. You need to know that you can get what you can and this is the best way to maximize the need for business credit cards. If you have one that offers flight miles, for example, use that one if you travel often. You can check all the deals out there and choose the one that makes the most sense for you.
  3. Shop second hand. If you need upgrades in your business equipment or furniture, look around for second-hand options. This may seem like it defeats the purpose of you upgrading, but there are plenty of suppliers out there that leave their furniture and electronics to be given away, and you could get a great deal by buying them instead.
  4. Cut your salary. If you’re taking a huge chunk of your business profit for yourself, cut back on it. Yes, it’s nice to have a higher income, but that doesn’t mean that you can afford it!
  5. Speak to your accountant. There is every chance that you are really missing out on tax deductions and if that’s the case, you really need to talk to your accountant. They will be able to point you in the right direction and let you know whether you could be getting more through your taxes for your business.

Related reading

How to set your budget and stick to it

Be grateful for what you have

 

 

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • More
  • Click to print (Opens in new window) Print
  • Click to email a link to a friend (Opens in new window) Email

Related

Filed Under: Frugal

About Joleisa

« May’s Grateful List
Small Business Essentials That you may Have Forgotten About »

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CommentLuv badgeShow more posts

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Hey guys and gals!

Hi, we're Jo and Leisa, twin sisters and authors of Joleisa.com. Originally from the sandy beaches of Jamaica we now reside in England where we followed our calling to teach. But sometimes that call changes and our new passion is writing. We're here to give the ups and downs of it all with our lifestyle tips and tricks to help you avoid the sour lemons that can get in our way of frugal budgeting, intentional living and happiness. Join us and learn more about how we found the simplest ways to achieve easy living. Read More…

AS SEEN ON CHANNEL 5’S

We are Sociable

  • Facebook
  • Instagram
  • Pinterest
  • Twitter

Recent Posts

  • Our Word of the Week is Break
  • Easter is our Word of the Week
  • Our Word of the Week is Grateful
  • Adjust is my Word of the Week
  • Hyperkalemia is my Word of the Week

MOST POPULAR POSTS

Why we left teaching

  • Be your own boss
  • Set up a blog
  • Making money from your blog
  • Using Pinterest to help your blog
  • Fixing sleep problems
  • Frugal family fun at half term
  • Having to plan a funeral!
  • Let’s show you how we save money on food
  • Our time on Channel 5’s Shop Smart, Save Money
HIBS100 Index of Home and Interior Blogs HIBS100

Copyright © 2025 · Tasteful theme by Restored 316

Copyright © 2025 ·Tasteful Theme · Genesis Framework by StudioPress · WordPress · Log in

YOUR PRIVACY

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Reject Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
 

Loading Comments...