After a long wait, your dream of owning your very own commercial office in BKC, Mumbai comes true. But as you step out of your comfort zone and step in to the monstrous world awaiting you, you realize that money does play a crucial role after all. When you are running your business, you need to ensure that you never face a cash crunch. You should have a list ready that describes your objectives and motives to make your business success and saving money should top it. The usual tips offered by financial gurus can get a little boring and monotonous. Given below are some tips that can essentially help you save a ton of money without having to go through any complicated financial procedure. These are simple everyday activities, which when altered, can bring about massive changes in your savings. 1) Cut down advertising costs: You can save a huge chunk of money by simply cutting down on advertising costs. When you bill a customer, it is wise to include the advertising material like a business card along with the receipts or the cash invoices. If you have any important newsletters that you feel the customers must have, this is the time you should hand it over to them. Include offer coupons too, so that they are tempted to come back to your commercial office in BKC, Mumbai again, thus increasing your sales. You could opt for word of mouth method of advertising. You could courteously ask your clients to spread the word about your business if they were satisfied. You could ask them to have a testimonial written. This will increase your credibility factor. 2) Use internet for phone calls: Technology is being updated regularly for a reason. You must take advantage of it and make sure it works to the benefit of your business. Avoid using the traditional phone for making calls. It is alright when you use them for local purposes. However, if your business involves making too many international calls, this system can result in you paying through your nose for mere phone calls. Instead, use the internet for this purpose. If calls are absolutely essential, you can use the VoIP service for calls through the internet. The initial installation cost will be more. But if you treat this as an investment, you will be able to benefit from it in the long run. 3) Freelancers help save money: Unlike employees, freelancers are people who are hired only when the company is in need of them when a particular work needs to be done in accordance with the deadlines. This helps reduce essential costs as they are paid as per the assignment done by them and not on a monthly basis. Besides, your office continues to remain spacious and electricity consumption is reduced considerably. 4) Office supplies should be shared: Instead of having the supplies placed at individual tables, you could have just one table offering office supplies. This will reduce unwarranted costs and help save enough money for other beneficial purposes. Author Bio: Damon Martin is a freelance writer, photographer and a businessman. He recently purchased a commercial office in BKC, Mumbai for his business. He also wants to enter in real estate market. He is a lover of good music and loves spending quality time with his wife and kids.
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