After years of working in retailing myself and
analysing costs I know how it feels to constantly look at saving money, the
trick is to achieve this without harming your business. Sometimes the best cost-cutting tips are the most obvious; Switching off lights, Utility charges are often the most expensive necessities in your
business, do all of those lights and electrical items need to be powered up all
day long?
Re negotiate your phone tariffs and agreement,
there are so many deals to be done, same goes for your insurances.
Stationary costs can be high, make simple little
changes like using both sides of plain paper and introduce as many paperless
systems as possible. Plus it’s good for the environment. Watch how much you use your printer – if you
print a lot then don’t! Ink is very expensive, get used to viewing items on
your computer.