11 words to change your business

Welcome to the 15th edition of ‘Simplifying your business’.

Achievable and bitesize tips to simplify the running of your business to drive down your business waste.

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I don't think it matters whether it’s a case of ￡200 a week, or ￡2000 a week. The money spent through your business is yours, and whatever you waste is coming straight out of your pocket. This isn't to say that it's your fault, usually there is way too?much else going on to notice the odd loose pound rolling around the place.?

How often have you said "O, it's only a couple of quid?"

An ex-colleague of mine once said, "Look after the pennies and the pounds will look after themselves."

So your bitesize tip for today

Have a think about the small expenditures?that go through your business, things like:

• Milk, tea and coffee
• Stationary and printer ink
• Staff expenses
• Couriers and sending recorded mail
• Train, taxi and general travel spend
• Consultant retainers
• Software subscriptions

Reviewing regular spend in your business could go a long way to saving a lot of money.

Ask yourself, could you be spending the pennies more effectively to drive down your waste?

Sarah

P.S. Fancy getting an hour with me to address your business waste for free? Fill in this short survey to tell me about growth and waste in your business and you’ll have the option to win an hour of time with me.