Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:

  • We have tons of content. In fact, since November 2011, I've published more than 26,000 posts on thousands of different business ideas and opportunities.
  • We don't sell much advertising. In late 2013, I realized that by selling advertising, what I was really selling was my readers. In 2014, I've already radically cut down on the number of ads and will hopefully keep cutting.

Break the Bank (6/365)
photo credit: swimparallel

Most entrepreneurs will tell you that skimping on pennies will add up after a while, and today in this economy…it really pay’s to be a penny pincher to the extreme. The more you save, the more you can bank for when you need it the most during slow times to offset your costs. Below are a few penny pinching ideas obtained from Entrepreneur.com for your business.

  • Cut some costs when setting up your online store. Going online with your business doesn’t have to cost you an arm and a leg to get it going.
  • Spread the word yourself. Yes…fancy advertising helps a great deal, but it is not needed to get the word out about your business. Pass out your own hand made flyers, hang up your own hand made signs and coupon offers.
  • Buy recycled printer cartridges for your business.
  • Buy used equipment and look for free software that meet your business needs.
  • Use independent contractors.
  • Hire your children for part time work.
  • If you are near your suppliers, go and pick up your order yourself.
  • Get at least 3 bid’s on everything before you make your final choice.

What penny pinching ideas can you share?

About these ads

Originally posted by Jaclyn Wells on May 11, 2009 in Ideas.

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