Sometimes little costs around the office can pile up over time and turn into big costs. You never notice the sort of things that could be draining your company’s finances until you starting looking closer at your bills. So, to help you cut down on company costs, here’s a list of suggestions to get you spending and making money the right way.
Get rid of paper
Get rid of your paper or, at least, as much paper as you can. The cost of printers, printing ink and paper can amount to a lot of loss when you think about how accessible the alternatives are. Communicate around the office via email and put documents ‘in the cloud’. It’s a much faster and more efficient way pf sharing documents while also saving money on the cost of printing.
Manage your office equipment effectively
How many envelopes do you buy each month? How many pens are you buying? Little things add up and nothing adds up faster than misplaced equipment. Encourage your workers to take responsibility for their equipment.
Organise an inventory to keep track of your available equipment. By doing this you can prevent ordering more equipment when it isn’t necessary and even find out how most of the equipment is being used.
It’s also a good idea to recycle equipment if it’s possible. Half used notepads shouldn’t be disposed of and good quality equipment we last a lot longer than cheap equipment that can be bought in bulk.
Take care of your electrics
Manage your electronics effectively when they’re not being used. Simply turning things off when you don’t need them can save a lot of money in the long run. Being able to recognise whether or not there are any electronics that you don’t need can also play a big role in making your office more efficient and easier to manage. Perhaps there is a spare phone that no one is in need of that can be disposed of.
Find the right office
The home of your business is just as important as the business itself. If you don’t have a building that suits your needs you could end up spending a lot more money that you had intended. On the other hand, an appropriate and well maintained building can actually save you money. When you’re looking for an office to rent there are some things that you can take into consideration.
Lighting: LED and energy saving lights are much more cost and energy effective than fluorescent lights. Finding a building that has good access to natural light can also reduce the amount of electricity you use and, therefore, money.
Temperature management: Ineffective heating and cooling systems can be responsible for a lot of wasted money in an office. Finding an office that has a programmable thermostat will allow you to have better control of the temperature and make decisions about whether or not it is necessary.
It is also important that the building is well insulated and the windows are sealed effectively. These measures will save you a lot of energy and also make managing the temperature of your office a lot easier.
If you take all of these tips into consideration you should be able to prevent a lot of unnecessary costs around your office and, as a result, increase the revenue of your company.