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5 ways a small business can save money

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Feb 11, 2019 6:00 AM 2+ mon ago

5 ways a small business can save money

The global economy is faltering. Small businesses need to be quick to react. The twin engines of global economy - the US and China - are slowing. As the Brexit talks go down to the wire, the UK economy is stalling. Italy has tipped in to recession. Small businesses are often the first to feel the chill winds of an approaching economic winter.

Here are five simple ways you can make your small business more financially resilient:

Becoming more ecologically conscious can be a great way to cut costs. This could involve switching to LED bulbs, installing a smart heating thermostat, or simply turning down your existing thermostat by a degree or two.

Going paperless doesn't just save on paper. It also saves businesses on printers, toner, postage, filing cabinets and office space. Ask staff to use email whenever possible. ...

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