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Rosemary's Business Finance Blog

By Rosemary Peavler, About.com Guide to Business Finance

Creative Cost-Cutting Works for Small Businesses

Friday January 9, 2009

A recent article was interesting as it talked about creative ways for businesses to cut their costs that didn't affect their basic business, layoff employees, cancel their health insurance, or other drastic measures. These are little measures that you can find by looking at your checkbook register or your online bill payment record and finding expenses you can cut. For example, you may be able to cut the interest rate on your business credit card with one phone call to your credit card company. If you have a high interest rate and good credit, the company may prefer to lower your interest rate rather than risk default. Make that phone call! Another cost saving tip is to really look at your shipping costs. Compare shipping carriers and you may find ways to reduce shipping costs that will save you real money. Take a look at the article!

Comments

January 11, 2009 at 12:09 pm
(1) Ruth says:

I would have loved to read this article, but it feeds into an American Express ad that I can’t get rid of. Very bad.

January 12, 2009 at 2:27 pm
(2) bizfinance says:

Ruth: I just tested the link and it takes you to an entry page, which you can click “skip” to bypass. After you click “skip,” you’re taken to the article. Try that and I think it will work!

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