If time is money, and it is always good to save money, then by the relative property it’s always good to save time, too! This is as true for businesses as it is for individuals.
Spending the time to figure out ways to save your business time and money is always a good use of, well, time and money. But the best ways to these two precious commodities might not always be so obvious, so think outside the box as you seek the best ways to further your business’s success.
The best innovators for your company probably already work for your company!
Whether you are a firm with 300 employees or a shop with fewer than 10, the folks who know your business best are the ones who help make it run. So when you are looking for new ideas to generate revenue or trim costs, make sure not to rely to heavily on a top down approach and to weigh the advice and opinions of employees at every level.
If every penny counts, take into consideration things that only cost pennies!
Your company could save untold quantities of money each year by reviewing everything from the ink used in your printers to the ways people get water (bottles or reusable glasses and coolers?) to the type of advertising you rely on (is your money better spent on an SEO campaign or on glossy mailers?).
Keep your offices running as smoothly as you can by making the day-to-day operations as simple as you can!
Are you wasting valuable man-hours with employees struggling with mountains of cumbersome of data and complicated IT issues? You might save time and money (and prevent headaches) by hiring a third party readily able to handle all your data flow and freeing up your employees to, well, work!
About the Author
Pradeep Kolanu is the Manager of A-Mantra, a facility management software company under SatNav Technologies. A-Mantra offers effective facilities management, building management, property management, space management, maintenance management and asset management solutions to customers.