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About.com   Small Business Info
In the Spotlight | More Topics |
  from Darrell Zahorsky
It's getting more and more difficult to stretch your business dollar these days. With the dollar reaching a record low against the Euro and oil prices rising to new levels, the cost of doing business is going up. Businesses are reporting higher energy costs and increasing insurance premiums. Pizza makers are seeing jumps in the costs of flour and cheese. The list is endless. While passing the rising costs to your customers can offset the inflation, your strategy needs to be balanced with reducing costs in other areas. This week we look at a multitude of ways to cut insurance costs, save on gas, reduce phone bills, and using methods such as bartering to stretch your dollar.

 
In the Spotlight
Free-Up Working Capital
For small business, a main issue is having enough capital to run and grow operations. Meeting tight payroll deadlines or buying more inventory is a real strain on the cash reserve. Cash poor companies cannot respond to changing market conditions or take advantage of new opportunities. It's possible to free-up working capital and have cash to grow your business in two words...

 
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5 Ways to Reduce Health Insurance Costs
Health insurance is a major cost of doing business, especially for small companies and mom-and-pop firms. With premiums soaring, many small business owners are asking their employees to shoulder more of the financial burden or cutting benefits entirely. If you're struggling to provide health insurance, here are some tips that could reduce your health insurance costs.

 
Reducing Costs with Bartering
Whether you are starting or growing a small business bartering can aid in preserving cash. As business guru Mark H. McCormack says, "I am convinced that most companies don't maximize their barter possibilities. Instead of aggressively reducing costs by trading their services with those of their suppliers, they seem content to pay top dollar for everything." Learn more about the world of bartering.

 
 
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