3 Factors to Consider When Buying a Company Car

Fleet Car
A company car can provide convenience and motivation for employees, especially those that are mobile and need the car to reach to prospective clients and vendors. Having a company provided car can help them focus on the business without having to worry about putting miles on their personal car. At the same time, as a business owner you need to be careful about balancing the needs of employees and the cost of providing the company car. Obviously, you cannot provide the car to all your employees lest you will run out of cash pretty soon. With the right balance of employee needs and expense management you can come up with a practical solution that will be win-win for all. Here are three factors you should look into when striking this balance.

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3 Ways to Make Your Business Energy Efficient

Energy Efficient
Carbon footprint is one of the most talked about topics in the business community lately. Humans have made significant impact to the environment in the last 50 years in the name of industrial progress. For individuals and business owners alike, it behooves to pay attention to the carbon footprint they generate and find ways to reduce it to at least stem the deterioration of earth’s atmosphere, if not reverse the adverse impact from global warming. What can small business owners do to play their part in this effort? Here are 3 simple ways you can help by becoming more energy efficient:

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Many Benefits of Recycling for Small Business Owners

Global recycling icons
When individuals and small business owners are advised to recycle their waste they immediately think of all the extra overhead and cost involved in the process. After all, who has time to sort through all the garbage and ensure different types of waste go in the right bucket and dispose it off properly? It seems easier to just throw it all in one big waste container and let the waste disposal company take care of the headache. However, as we will show below recycling the waste doesn’t have to be costly or time consuming. With proper planning and right equipment recycling can become as easy as throwing out the garbage. Here are some of the benefits small business owners can achieve with recycling.

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What can Full Service Office Rental do for Small Business

Office
All small business owners aspire to hit it big and be like Microsoft or Google when they grow up. However, the reality is it is hard to move up to that next step, given their financial constraints and smaller size. There are ways to make your business appear bigger than it is by using some clever tactics. One such way is to rent a serviced office instead of leasing it long-term. These are available to businesses of all sizes but are especially useful to smaller ones and start-ups looking for office space, meeting rooms and professional services.

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How to Save Money in Manufacturing Process

Factory
A penny saved is penny earned! When running a manufacturing operation it is essential that you pay attention to every detail of the entire supply chain to ensure you are running it most efficiently and economically. There are multiple ways in which you can save money – ranging from installing efficient machines to shopping around. The bottom line is you have to look at all elements of the procurement and supply chain to get the most out of your money. Here are three suggestions you can implement without too much effort to generate significant savings in your manufacturing operations.

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Benefits of Digitising Your Company’s Physical Records

Papers
Keeping physical records is problematic for many small companies. It is estimated that the average office in the UK prints out around forty sheets of paper every day which means even a new business can start to become overrun early on.

However, maintaining a properly organised archive is a time-consuming endeavor that can feel like a full-time job in itself. To combat this, many businesses have made the switch to a paperless system. This means converting your old physical records into digital e-documents. So what are the benefits of moving to paperless records?

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How can Virtual PBX Help Small Business Owners Reduce Telephone Expense?

Virtual PBX
For small business owners, a phone line is like a life line. As a small business owner, you are always on the run and need to use your phone all the time to contact customers, vendors, employees and others. With the advent of Smart Phones it has become even possible to conduct many aspects of the business with the phone. As useful as phone is to help you do the business from the road, all that heavy usage can add up to pretty hefty phone bill. If you are not careful you can easily incur hundreds, or even thousands, of dollars in phone bill in a short time. So is there any way to reduce this expense and still be able to conduct business on the go?

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Green is Good (Business) – Efficient Ways to Make Solar Electricity

Solar Energy
Every citizen of this planet and every business have responsibility to make good use of the resources and save them for the next generation. Currently, majority of electricity is being produced from fossil fuel, however we all know that it is not going to last forever. We have to look for alternate sources of energy to ensure that we will save fossil fuel for the future, and stop polluting the planet with greenhouse gases. Alternate sources of energy such as solar, wind and geothermal can produce electricity with little operating cost once installation is complete. Continue reading to learn what solar energy is and how sun can be used to produce efficient electricity.

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Practical Approaches to Reduce Business Costs

Cost Reduction
The world is full of ideas on how to reduce business costs, although many of these are based on theory rather than the harsh practicalities of commercial management. After all, it doesn’t make sense to reduce costs if it is detrimental to profitability, as this will have a debilitating effect even in a growing economy. With that in mind, all costs must be measured in line with their potential return, before any decision is made on where to make reductions.

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Do chartered flights make business sense?

Private jet
To an outsider, investing in a private jet may seem like an exorbitant and unnecessary charge. If one flight can get hundreds of people to a destination, why does another person need to ride with a small group? Strict accountants may also have the same attitude.

But for the high-flying corporate executive on serious time constraints, waiting for everyone to board and get off of an airplane — even if it’s just those in first class — can not only make them late for important appointments or live events (ex. speaking engagements) but also risk losing money.

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