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In today’s highly competitive economy, small businesses always have to find ways to tighten their belts and reduce their fixed costs. Keeping the doors open for more than five years is a huge victory, and even after a business passes the five year mark, there certainly seems to be a lot of month left at the end of the money! Finding creative ways to cut costs is absolutely essential for any business to stay consistently profitable.
Is your copier on its last leg? Do you have the service telephone number memorized? Are you on a first name basis with the technicians? If you answered yes, it’s probably time to consider replacing your copier. You might think a new copier is something you don’t need or can’t afford, buy you do, and you can!
Running a small business means always looking for ways to do more with less. It’s difficult to keep the doors open for more than five years, and there always seems to be a lot of month left at the end of the money. That’s why it’s so vital to identify inefficient processes and procedures and find ways to improve them. But where should you start?
