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How to Lower Your Small Business’s Overhead
Go digital – If your business still prints a large number of documents, you’re spending money
on consumables such as paper and ink or toner cartridges. You can eliminate this expense
by going paperless. Instead of printing documents, utilize electronic versions that can be
worked with, shared, and stored digitally. Take advantage of electronic signatures for
documents such as contracts that require signatures.
Cut the cord – If your company requires a traditional business phone line, switching to Voice
over Internet Protocol (VoIP) can provide you with the same features as the phone company at
a lower cost. In addition, most professionals are familiar with services such as Skype,
Google Voice, and Zoom, all of which are great alternatives for business communication.
Utilize annual subscriptions – If you’re paying for subscriptions through software
companies, take advantage of yearly subscriptions. Paying annually rather than monthly
typically comes at a lower rate, enabling you access to the same product for less money.
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