Are Office Expenses Burning a Hole in Your Pocket?
You have branched out, made a plan, created a product and figured out how you can work for yourself. Taking this leap might just be the most terrifying thrill of your lifetime, and it’s worth it! But it’s not without it’s worries.
The difference between the most successful businesses and the business ventures that fail is often the very real and practical matter of planning and managing your expenses. That’s okay since you were careful about how you paid for your stock or prototypes, how you selected your accounting software, how you have a years worth of your expenses including marketing dollars saved and you have even completed your PCI Compliance. These put you way ahead of the curve.
Those are ways you have to spend your money, but have you thought of ways to stop spending your money? The trick to building wealth isn’t just about generating income, but also about saving money and eliminating unnecessary expenses. Look up any article on your biggest and most unpredictable expenses and there are five things that will jump to the top: Real Estate, Utilities, Staff, Shipping and Telephones.
It may surprise you to know that there are services out there that can save you on all of those with a simple phone call, a web sign-up and even a flat monthly fee. Virtual phone services can provide you with a receptionist and dedicated phone lines. Virtual office services can provide you with a mailing address and courier services. This virtual office space comes with prestigious business addresses that allow you to do business in luxury conference rooms without having to invest in square footage that you don’t need every day. Any opportunity you have to save yourself money while you are building your business, do it. And office space? That’s the big-ticket item.