Tag Archives for keep business expense down

Keep your business expense and fixed costs down by turning as many tools and services into variable expenses as you can. Lease equipment and vehicles, rather than buying them. That way your cost of doing business will grow only as your income grows. Controlling labor costs is probably the most formidable challenge you’ll face.

Inexpensive Ways To Keep Employees Motivated

Thank You

A simple “thank you” goes a long way and is a huge motivator! Many times, we hear disgruntled employees moan about their jobs and many times, they have cause to complain due to their superiors’ unappreciative nature. As a superior, there is what you expect from your employees, and for this, you pay them a salary or wage. If an employee goes out of their way and does extra, it is important to notice the effort and if possible reward Read More

How To Reward Employees Without Breaking The Bank

Thank You

It doesn’t have to be expensive when rewarding your employees Whether you are managing three personnel or a team of thirty, recognizing and rewarding the accomplishments of your employees is critically important. Taking the time so say “job well done” will not only help boost morale, it can also prevent turnover. However, while reward vouchers and bonus schemes are the norm, the recent economic challenges dictate small business owners to seek more cost-effective alternatives to reward employees. So how do Read More

Selling Fake Products Isn’t A Good Way To Keep Business Expenses Down

29 Restaurants in NJ was accused of selling fake booze   There are many ways to skin a cat, but selling fake products is not the way to cut your company expenses. Just yesterday state officials announced there were twenty-nine restaurants located in NJ accused of selling fake booze. Some of the locations were refilling the premium bottle spirits with either cheaper branded booze, rubbing alcohol, water, and caramel coloring. If you’re looking to keep your business expenses down, this Read More