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Browsing posts in: Entrepreneurship
May 7, 2024    |      0 comments

How to Spend Wisely On Your Business

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One of the most important things to focus on if you want to run a successful business is money management. This entails tracking your business finances to see how much you’re making and how much you’re spending. Based on this, you can create a realistic budget that will govern your business operations and make it easier for you to make the best call with your business funds. Because expenditures can get out of hand without some planning and knowledge, here’s how to spend wisely on your business.

Pick Bundled Services Whenever Possible

The first thing that you should do is to always pick bundled services when you go shopping for services. These services include things like website hosting, fax, cable, internet, and phone service. When you bundle a number of services that you need from the same company, they can offer you a discount. This way, you’re going to save a considerable amount of money a year, and this will add up over time while keeping you updated on the services that you need. Choose reliable service providers so that you can be sure you’re getting the quality that you need to keep your business running. This is especially true for internet and website hosting, since 53.3% of all website traffic actually comes from organic search, according to Ahrefs.

Take Care of Your Business Assets

Don’t forget to take care of your business assets, since repairing and replacing these will cost you money that could have been used elsewhere. Some of these assets are things like the air conditioner, which is one of the most-used appliances in the typical space. For this particular appliance, you’ll need to find a solution in case of a breakdown so that the business can keep running optimally. Something like a space heater could work as it’s used to instantly heat up a small space, according to Murdoch’s Ranch & Home Supply. These are a solution for heating 130 to 150 square-foot rooms, like a small living room or even a bedroom. To avoid such scenarios, it’s best to service and maintain your business appliances and other physical assets so that they don’t force you to spend extra money.

Ask for Discounts

Don’t forget to always ask for a discount from your suppliers and service providers. This is because there may be an amount that’s possible to save in most cases, but you have to ask about the best price before it can be given to you. You can do this for all your business needs, including plumbing, with the plumbing industry employing more than 565,000 individuals, according to Home Sprig. Your regular plumber may be able to grant you a discount for continued services, and they could also save some money by requesting for discounts when buying parts and fixtures that you need for your business.

Hire a Financial Advisor

Finances can be hard to manage for an individual, and this means that it’s significantly harder to manage them for a business. In this case, you can benefit immensely from hiring a financial advisor to help you with your business decisions. They’ll have the experience that it takes to help you make the right decisions in terms of how to track and manage your profits and expenses.

Use Less Paper

Finally, going paperless can end up saving you money and also making your business more sustainable. This will save you a lot in terms of appliances like a printer in terms of their purchase and maintenance. That said, think about how to make your office memos, advertisements, and even invoices more purely digital so that you can reap the benefits of doing so.

These are some good money management tips that can help you spend wisely on your business. By putting them into practice, you can increase your savings and be able to put even more measures into place. Plan for each change that you intend to make so that you can get it done in the best possible way.

Apr 30, 2024    |       6 comments

Glasses – Are the online shops worth it?

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My eyes are terrible. Now granted I can still drive without glasses (even according to the DMV test you take when you renew your license.) But I rarely do.

And forget seeing anything on my phone, a book, or my computer screen. I literally went into a panic when my glasses broke earlier this year and I had no money.

With all our prescriptions well past expiration, and my recent panic moment about my glasses. I knew that getting an eye exam was a priority for me. And it turns out it was for both my daughters as well. Yes, we all NEED glasses, but only I need, need them. They can function without.

I started calling around for quotes on eye exams, and was pleasantly surprised to find out that the Sam’s Club exams start at $67. They go up from there if you want dilation or need a exam with contacts in mind, etc. but for just the basic exam. It was doable. I booked our appointments for a Sunday, when everyone is off work and school, and we met half way between our house and Princess’ apartment at college. (Not all Sam’s Clubs have a doctor, so that made choosing a place to go relatively easy.)

After our exams, we all left with new prescriptions, but no glasses ordered. And then enjoyed brunch before heading our separate ways.

Sidenote: I met Princess and her boyfriend a few weeks back at a different Sams because she needed something from the house. She’s now been added as the second adult (free) on my membership since Sea Cadet and his girlfriend switched to Costco. He was the second adult. I digress. The three of us went into Sams and all ate for less than $15 – pizza and sodas. It’s a steal to eat there at their little dining area. Just saying.

Ordering Glasses

Here’s where it gets tricky. Glasses can get expensive quickly. Especially when you are like me and half 3 pairs. I have a pair of single vision glasses for my computer work, a pair of sunglasses (they are about 2-3 prescriptions old, I don’t update their lenses often,) and then my daily wear bifocals/trifocals, I’m not really sure. These daily ones are the ones I broke in January.

I knew I couldn’t afford new glasses yet, but I’m prepared with prescription in hand when I can.

But the girls moved forward with ordering theirs already.

Princess went back to her local Sam’s Club and ordered hers. Nothing fancy, a black plastic frame with single vision lenses. Because of our Plus membership, she got 20% off but they were still a couple of hundred dollars. (Her old frames were in need of replacement.) They took about a week to come in.

Beauty ordered hers online at Zeelool.com and I believe she got a BOGO offer because she ended up with two pairs and I think they cost her between $20-40.

Sea Cadet has been using online glasses providers for several years and has been really happy as well. But his are also single vision.

Here’s my question, for people with BAD EYES, meaning you require bifocals, trifocals, whatever. Have you had luck with these online places? As I hope to be able to order some new ones for myself in the next month or so, I want to hear from people who have more complex eye issues. I know if I use somewhere local or Sam’s Club I can reuse my same frames. All three of my frames are in great shape which would save me at least a hundred on each pair. But online…maybe cheaper and get a new look? I’m torn.

But my glasses are key to my daily life. So do you have more complex eye prescriptions and have you ordered your glasses on line? From where? Results? Give me all the good and the bad feedback?

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