As a business owner, you work hard to earn money. You do not want spend unnecessarily for business services that you need. Business-Money-Source will help you save money in several areas of business services. Business Travel (air travel, lodging and rental car)
Business travel is one area that substantial business money can be saved. Whether it is to call on prospective clients, attend trade shows or training for your employees, business travel can be a burdensome expense. Large corporations have travel agencies at their beck and call who work to get the best rates in air travel and lodging. Even big business doesn't always get the best rates without asking. This brings us to the first law of saving money on anything: Ask! That's right, regardless of what rates you are quoted, always ask the attendant, "is this the best you can do?" This is a powerful question because not only are you telling the person that you are not satisfied with the rates, you are questioning her ability to deliver what you need. This will cause a person to subconsciously want to prove her competence by delivering the results that will satisfy you.
Depending upon the size and nature of your business, a business credit card is one way to manage your day-to-day expenses. A corporate credit or charge card also lends a certain amount of status to your operation. It tells your vendors and suppliers that you are a valued customer. A corporate card can be issued to the employees of your company to take care of small purchase orders within your specific guidelines.
This method of payment can be much more efficient and cost effective for you than to take every little purchase of sundry supplies through your Accounts Payable Department. A large multi-location company can save literally multiple thousands of dollars in overhead.
Saving time is another important consideration when using a business credit card. If materials or supplies are needed in the short term, a credit card purchase can save your employees from the hassle of submitting a purchase order to your Purchasing Department. After getting all the appropriate approvals and signatures, the Purchasing Department will process the order and submit it to the supplier. This may take anywhere from one day to several weeks, depending upon the efficiency and workload or your Purchasing Department. This kind of time delay could cost your company a valuable account. These savings in cost and time often justify the usage of business cards. More about business credit cards?
Business equipment and supplies are other business services where you can make significant savings. Once business furniture and specialty houses had little competition. They could charge whatever they liked. Today you as a business owner have a lot of options. The big box office supply stores and online stores offer name brand and qualify equipment and supplies at competitive prices. Whether you need one computer or one hundred, you will be able to get quality products at a fraction of the cost of only a few years ago. Equipment leasing is also an option if you are contemplating acquiring numerous quantities of a particular kind of equipment such as computers. Leasing is also a built-in guard against obsolesce.
You may also want to consider purchasing promotional products as you build and develop a business advertising campaign. More on business advertising using promotional products?
Some other business services that are essential to your success are financial planning and getting the right kind and right amount of personal and business insurance. More info on financial planning and insurance (Note Clicking on this link will take you away from the business money source website).
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