Small businesses money saving ideas | Best Small Business Plans: "If you’re like a lot of small businesses in the UK right now, you might be experiencing a bit of a slump. Times are tough, spending isn’t what it used to be and people have really tightened their purse strings. These situations require businesses to respond, if things stay the same and sales decrease, your business will most likely struggle to survive. To help get the cogs turning, we’ve put together a small guide on cost saving ideas that might make the difference between success or failure.
1) Negotiate with suppliers. Contact your suppliers and see what they can do for you. Ask them if you can increase your credit terms, perhaps they will give you 90 days to pay instead of 60 which will improve your cash flow. Whilst you’re there, ask them for discounts and tell them you’re considering shopping around for the very best prices."
'via Blog this'
No comments:
Post a Comment