While it is always going to take some capital to set up a business, some ventures eat more money than others; you would be surprised at the number of one-man shows that are managed from home offices. There are many services available that a small business can use on a shared basis and here are a few examples.
Shared Office Space
If you join up with several other startups, sharing an office means sharing the costs and for a small amount, you have access to all the office equipment you need. The rent is more than reasonable when divided among 4 stakeholders and with serviced office solutions, everything is taken care of, including cleaning and security.
IT Equipment
Talk to Mobile Federation and order refurbished smartphones and tablets at very cheap prices, with a comprehensive 24-month product warranty and 3-day satisfaction guarantee. Why pay the very high prices for new devices when you can order the models you need from a leading smartphone refurbisher. They even offer express delivery all across Australia and all their devices are Australian made. Some people change their digital device very often and this means there are devices that still have a lot of life.
Virtual Office Services
If you operate a very small business and there is no one at the office, why not obtain a virtual registered business address? You can project the right image with a business address in the CBD and all calls can be forwarded to your mobile number; you can even hire a remotely located receptionist, who answers calls with a set script from the client. Check out how Amazon are making good use of robotics.
Internet Telephony
Why pay those sky-high by the minute charges from the major telecommunication networks? Introduce your employees to Internet telephony, or VoIP, as it is known. Voice over Internet Protocol uses the web to transmit and receive audio and video data, which means you don’t have to pay the telecom networks, as you are not using their services.
Outsourcing
There are many things that you can outsource; office cleaning, security, digital marketing, high-quality printing and even logistics can be contracted out to local providers. This is the cheapest way to get things done and you have minimal investment, as you do not need the resources or infrastructure. You are probably outsourcing a lot already, but there may be other ways to save by using 3rd party providers.
Freelance Talent
More and more professional people are offering their services on a freelance basis; whether bookkeeping or carrying out an audit, by using freelancers, you reduce your liabilities. We all know the responsibilities you take on board when you directly hire employees and all of that can be avoided by approaching a freelance recruitment agency and hiring people per job.
As you can see, there are a few ways that you can reduce your running costs and by making the best out of outsourcing and virtual office services, your business outgoings should be reduced to an acceptable level.
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