Monitor Expenses to Find Ongoing Savings

August 19, 2020

Now more than ever, every dollar counts – especially for small businesses. Most businesses take stock of their expenses at the end of each year and implement a few changes based on their findings. However, small businesses can benefit by auditing spending habits more frequently to find ways to save.

  • Subscriptions services – Online services are useful for everything from holding online meetings and sending emails to designing work and creating videos. Every quarter, do a quick survey of employees to identify the services being used. Consolidate individual subscriptions and reevaluate office-wide programs if no one is using them.
  • Employee benefits – Employee benefits are important to keep your team engaged and set your business apart for candidates. But it’s important to continually evaluate which benefits your employee’s value, and actually use. If your company provides a free gym membership for every employee, but only some of the employees utilize the membership, consider finding a different perk that has more wide-reaching impact.
  • Office supplies – Ordering office supplies is often done by habit, simply repeating orders month-to-month. Take a few minutes to look deeper at your orders. Talk with employees to see what they really use on a daily basis, and cross reference that with your order and inventory. Next, compare prices or ask your current vendor if they can offer recommendations on the supplies you need. Make sure you’re investing in supplies that will keep your workday moving efficiently – like high-quality Boise Paper products, which have a 99.99% Jam-Free Performance Guarantee to keep your printer running smoothly.

While these adjustments may sound minor, they can make all of the difference in overall annual costs for a small business.

The Latest

Check out the most recent posts

The Best Multitasking Paper for the Whole Family

The Best Multitasking Paper for the Whole Family

More than ever, the home has become the center of daily life, serving as the office, school, daycare, restaurant, and more. Even as the world gets back to “normal” with in-person activities starting up again, working and learning from home – at least part of the time – will likely be the “new normal” moving forward.

Face-time vs. Phone-time: Which type of meeting should you schedule?

Face-time vs. Phone-time: Which type of meeting should you schedule?

Video conferencing has quickly grown in popularity over the last year with the mass transition to remote work. While video conferencing is a powerful tool to bridge the location gap and connect teams virtually, the rapid increase in popularity has overshadowed audio-only calls as the best option for certain meetings.

The “New” Work Necessities: One Year Later

The “New” Work Necessities: One Year Later

Our shift to remote work, the increased reliance on technology, the change in our daily commute, and the growing need to maintain a solid work-life balance. With this shift came a reliance on a new set of necessary tools for the workday.

The “New” Office Life: One Year Later

The “New” Office Life: One Year Later

When COVID-19 disrupted the world in March 2020, everyone was forced to alter their typical routines. What initially started as a two-week lockdown turned into our “new normal;” and even when the world gets back to business post-COVID, many changes to how we work are expected to last.

Top selling claim measured by NPD Group, a global leader in market research and customer insight; Total Boise Paper brand revenue from January 2014 – November 2017