How to Make Your Small Business More Efficient

I often write about small businesses here. Small business finances are very similar to personal finance and many of my readers are self-employed. In a way, most of them run small businesses, isn’t it? While it’s essential that you separate your finance with your business’s finances, you should become equally cognizant about managing these two different kinds of finances.

Small Business

Often the reason why big businesses are making all the money is due to how efficient they are. Small businesses are much more personal but often spend too much time on the little things making them far less efficient.At the same time, small businesses have certain advantages that are missing in a large company. Small businesses should take advantage of the agility, that comes with a small size.

Keeping Cremation Cost Under Control

Funerals and cremations are a social taboo. We don’t talk about those. But let’s not forget we all have to incur that expense at some point of time. It’s important to be ready in advance so that when the time comes, you respond in a financially responsible way. Any life event, if we are not fully prepared for, would drain a lot of resources, including financial. In this article, we will talk about making cremation affordable.

A mourning family certainly deserves one less stress to be added to their lives.

Currently, a funeral in the United States costs between $7,000 to $10,000. This cost includes the services at the funeral home, burial and installation of a headstone. And keep in mind that prices may vary greatly, depending on different funeral homes and their location in the country.

Save Money While Driving, For a Better Car

If you’re a car owner you can probably vouch for the fact that vehicle ownership can be an expensive thing to manage. This can be especially challenging for younger drivers who face higher insurance premiums and may struggle to afford a newer car in the first place.

Save Money While Driving For a Better Car

There are ways for you to save when you’re driving, though, ranging from how you drive to general maintenance. Then, with clever investments using these savings, you can help to further prolong the lifespan of your car and limit the chance of you having to fork out for repairs. To find out how you can do this, read on to discover our suggestions.

The Business Meeting- An Invaluable Resource

There are only 24 hours in the day and in the business world, it can seem like there are a lot less than that. When you are concerned with meeting deadlines, making deals, and expanding your company, you find little time is left for nonessentials.  And there are not many instances in business that one is more aware of the ticking of the clock than in a business meeting.

Starting On The Right Foot

Few businesses can thrive if the essential meetings they must have are filled with small talk, chit chat, or off-topic ramblings. The dynamic of the business meeting must be established by the head of the company in its first days, because that structure will weed out a lot of the unnecessary elements that usually present themselves when a room full of people gather together.

According to Business Knowhow “Leading a meeting requires attention, confidence, creativity, diplomacy, empathy, flexibility, wits, toughness and yes, humor! The primary role of the leader is to establish the ground roles for the meeting which are namely: to minimize confusion and disruptions and to institute a code of conduct.”

Money Saving Tips from Legendary Coach John Wooden

I have always admired legendary basketball coach John Wooden. However, the older I get, the more I look up to Wooden for his contributions off the basketball court. He was an amazing person: hardworking, charitable, gracious, wise.

Money Saving Tips from Legendary Coach John Wooden

He was also frugal, living simply in the same modest Encino condo until his death in 2010. He has inspired me to find joy in the simple things in life that don’t cost much money: a beautiful sunrise, a hot mug of tea, a good book, the happy thump of my dog’s tail against the carpet.

Why It’s Worth Renting Power Tools To Save Money

Since buying our home last year the stuff inside our garage is ever-growing. still we have not more than 20% of the stuff our neighbors (on both sides) have. Though I am trying hard to catch up. Every time I visit Home Depot or Lowes, I come out with a new tool. When I look at the garages of our neighbors, I wonder how often they use some of the tools they have.  I think some of them were needed only once. Is it prudent to buy tools even if you need to use it once in your life time? Antoine is a tools enthusiast, who makes a case for renting out some of the tools today. Enjoy this guest post from Antoine.

Rent Power Tools to Save Money

You might find it surprising, but according to some research studies, it seems that an average tool (including power tools) are used for about 30 to 60 minutes in their lifetime. Sure, you can use a tool for a whole day or perhaps a whole week, but this study was based on the continual usage. Using these things is only a matter of seconds that keep adding up. What happens during the rest of their lifetime? Nothing spectacular. In fact, tools spend more time stored than used, whether they make it to some random toolboxes, garages or workshops.

3 Ways to Cut Administrative Costs for Your Business

Running a business involves many hidden costs such as overheads and administrative costs. While many businesses just accept these expenses as part of running a business, you don’t have to. By investing time and creative thinking, you can change up traditional models and save your business significant amounts of money in the long run. Read on for three methods to implement in your business today that will reduce administrative costs.

1. Go green

Every second advice article harps on about the benefits of going green, but there is a good reason it’s such a popular trend in business: going green is a financially sound option as well as being better for the environment. How much do you spend on supplies such as printer paper, ink, time spent printing, photocopying and compiling physical documents, professional printing services, electricity wasted by unused appliances…the list is never-ending. Develop environmentally friendly policies, and you may start to reap the benefits almost overnight. Even if you feel like your staff will struggle to fully embrace the change, some well-placed incentives may help.

2. Outsource

These days, just about anything can be outsourced. Do you know what positions absolutely must be filled in-house? If you don’t, do your calculations and then start working toward outsourcing other jobs. You can fill everything from reception work to specialised tasks externally. When you do your research, check out what companies like GlobalX Legal Solutions offer to help your business save on administrative costs: they provide comprehensive software and online solutions that aids the work of specialist practitioners in a range of industry-specific jobs, including ASIC checks, PPSR searching and conveyancing and legal support services. Head here to find out more. Another area to address is individual tasks: do you spend hours working through invoices each day? The time you spend on these unbillable hours is time you could be spending more productively, and there are professionals who can probably complete the work in half the time you can. Outsourcing can be the key to optimising your day!

9 TipsTo Save Money as a Wedding Guest

Father’s day is round the corner. Some of you must be sopping for, either your father or the father of your child. One of the fastest growing online retailers, cloud 9 has some unique gifts for fathers, including race car driving, trekking and golfing, etc. I wish my father was here. But they don’t have gifts to send to India, where my father lives. Anyway, today’s topic is rather, saving money, and not spending! Our perpetual guest poster Bill has sent another nice and practical article on saving money while attending a wedding. I am sure this summer you have quiet a lot of invitation waiting. Hope you find some inspiration here. Enjoy the post!

Wedding Guest

“Our wedding was held years ago, yet the celebration continues to this very day.” – Gene Perret

Six Categories Where Saving Can be Maximized

Opportunities for Saving money is everywhere. Whenever you pay for a good or service, thee is an opportunity to save. Using coupons, discounts, bargaining, deferring buying decision, etc. can be used almost every time you pay. But saving money when there’s little or no possibility can be sometimes taxing for people around you.They may not like the idea of you bargaining everywhere you go out for shopping or asking for discounts. also saving money works best when you do budget for some fun.

Saving Categories to Maximize Saving

While having fun while you save, it’s perhaps wise to think about putting your best effort towards the spending category that can result in maximum saves. Trying to save money on your coffee may not bring the best result as saving money on gas. Analyze your spending history. I always recommend people to use Personal Capital tool to analyze spending, it is a free tool and it makes your personal finance easy to manage. Once you know where you spend your money most on, it’s easier to target that area.

Some Wonderful Money Saving Ideas to Follow Every Month

I think my readers love to hear voices from other bloggers. So often I let them present their content on my blog. Today it was jack’s turn. jack is another personal finance blogger who writes informative stories. In this post he talks about small changes that can cut down your expenses every month. Notice, they are all very doable and effective at the same time. Enjoy the post!

Save Money everyday

Believe me, it’s not difficult to stop going on a shopping spree once in a blue moon but that’s not enough to trim your expenses or cut loose with unnecessary spending. You know it well that recurring expenses drag us into debts. Majority of us have a tendency to ignore monthly expenses because we have been trained to overlook all those same lines month in and month out. But truly speaking, it is that particular area where you need to look into. Here is where you can eliminate some expenses and thereby saving a tidy sum much to your surprise. Follow the rest of the write-up to know how to do it right.