I’m sure that these budget busting ideas will help you in getting your business long way 🙂
Starting a business can be a lot like moving into your first home. The initial outlay can really hurt, and you’re left struggling to get all the furniture and appliances that you need to actually live in it. When you haven’t got a huge budget but you’ve got big ambitions, it’s essential you operate in a streamlined way. This can avoid big costs and enormous overheads.
Recommended Article: 39 Really Interesting facts about Uber
Many start-ups are built from the ground up. You might have nothing but your laptop and half a desk in your bedroom. Over time, as you get the website up and running, you may begin to acquire more and more customers. Your next challenge is to keep up with orders while keeping your business processes as simple and speedy as possible. This is when you need to consider economies of scale, hiring sales people, and purchasing equipment.
Renting an office is a big move to make. There will be substantial taxes to pay as well as all the utility bills to keep the lights on and the toilet flushing! But you will also need to provide workstations for your staff. You’ll need to keep paper documents safe and secure. And you’ll need to make sure everyone has a business telephone they can use. All of your essential items can be purchased used. But it’s important you’re getting good value for money.
As well as desk phones, you may need your sales staff to have business mobile phones too. These can be purchased much cheaper as nearly new or refurbished handsets. It also opens up access to a lot of cheap SIM only contracts to keep the cost of calls and data to a minimum. Always do a cell phone warranty check if you’re going to purchase used products like this. Then you can have the protection needed in case the handset becomes faulty. After all, a small business can’t afford any downtime.
Printers are so cheap these days, many people simply replace them for new ones when they run out of ink. However, as a business, you will need a more substantial printer than a disposable domestic one. Don’t waste money on appliances and gadgets that aren’t designed for heavy duty work. If you print daily, pick up a rental printer and copier. Or buy a good used one that has been discarded after an office upgrade. There are many companies that specialize in selling used office furniture and devices like this. They often offer a short warranty too.
If your staff can work from home, this may save your business more money. Homeworkers often use their own computers. They can then bring them into the office for meetings and hook into your WiFi for connectivity. This helps you reduce the number of computer stations you need in the office, and therefore your outlay will lessen. However, you should invest in a good IT service. Home computers on your network could bring in unsavory files and problem applications. That could threaten the security of your business’ data.
Read Also: How To Connect To The Internet Without WiFi
Getting started always requires a little investment. But avoiding expensive interest repayments on finance options can help you stay afloat. Try some used furniture and equipment until your business is booming.
CEO and Founder at Mighty Shouts.
*Enter your best email, we'll send this case study directly to email.
** Don't worry. We never spam or share your information with anybody.