The ins and outs of small business office savings can be tricky. There are the investments in the technology to worry about, the uncertainty of the economy to lose sleep over, and good old fashioned overhead to always keep in mind. The entrepreneurial experience is currently undergoing a transformational period. Fading away are archaic methods of the past; developing are the efficient ways of operating an enterprise that await us in the future, a blueprint of which is being drawn by the kinds of pioneering business ventures outlined in the latest Oracle Press Release, Charles Phillips approved.
One of the best ways to ensure long-term cost-cutting on the small business level is to let go of the old ways of business management and embrace these new efficiencies in achieving entrepreneurial opportunity.
The following are three ways to start integrating innovation directly into your business budgeting:
1. Switch to Cloud Storage and Service
Once upon a time, the most important decision a small business owner had to make when it came to IT was choosing whether or not to go with wired routers or switch to wireless. Data and software were by default something you kept close-by. But cloud technology is changing that.
These days you don''t need an IT team and independent server to manage a big online business. You can outsource these responsibilities to cloud storage services. You basically streamline your office IT to just the network and the computers. Data, software, and the products of combining both are all stored elsewhere, accessible immediately through an Internet connection. There''s a monthly cost, but compared to the costs of managing your own IT system it''s a definite money saver.
2. Use Social Networks Instead of Private Networks
Even with the use of cloud services many businesses are still tasked with having to establish a network for employees to connect and coordinate their efforts through. Even your cheaper business networks are going to cost a pretty penny up front. If you “need” a network for communication and mass-notifications, then why not forgo your own network and use something like Facebook or Google+ instead? Every employee is sure to be a part of these free networks and unless there are specific tasks that must be completed through a custom-made network, why pay for something else?
3. Have a Work-from-Home Day
One day out of the week you should send your workers home. Paying for utilities four days less every month can shave off seriously dough. In addition, the lack of commute means workers will spend more time being productive. This isn''t just optimism; studies and surveys repeatedly indicate that workers perform better when they''re doing their tasks remotely.
Another manifestation of this remotely employing some of your workers. For example, you could outsource part or all of your sales force in order to make your staff leaner and more efficient. Many innovative companies have helped to reconfigure corporate sales teams in order to simultaneously reduce overhead and increase productivity.
Entrepreneurs are going to have to think of an assortment of different ways to outmaneuver the draining realities of these tough economic times. No doubt many will come to embrace the cost-saving techniques that are inherent with advanced web access. There''s no reason not to believe that by the year 2020 nearly half of small businesses will be utilizing one of not all of the aforementioned methods of saving on a business budget. Therefore, there''s no reason why you shouldn''t be utilizing them today.