Six Ways For Small-Biz Owners To Save Money

The Wall Street Journal takes a look at six ways to save money without drastically changing your business practices.

1. Move paper forms online
Visalia Unified School District in California is saving $10,000 annually — by switching from paper forms to online e-forms.

2. Take it to City Hall
Lobbying local and state government is the most cost-effective way to fix a small-business problem.

3. Speed up the payment cycle
Shorter turnaround times can result in lower borrowing costs for money for operating capital. A faster turnaround on payments cuts the interest small-business owners have to pay.

For three more tips, go here.

Photo by penywise.

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