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Buy quality used devices instead of new ones whenever possible.

Posted: Thu Jan 30, 2025 9:59 am
by Mimaktsa10
Think about what equipment for the company and staff can be bought used in good condition? For example, limit yourself to buying a used printer, without spending your budget on a new one. Or a new-fangled coffee machine, when there is a cheaper one on the secondary market. Such expenses will not have a negative impact on work, but will help to optimize expenses.

13 Ways to Optimize Costs in Business

Source: shutterstock.com

If we take as an example startups romania email list in the niche of selling coffee drinks, many buy used equipment for work. Otherwise, such expenses would greatly affect the budget and prevent the business from growing. A used coffee machine will help save up to half the cost of a new one.

But even in this case there are risks. If you are not careful when choosing these products, you can invest more in their repair and maintenance. Used products are often defective or work much worse due to wear and tear.

Purchase equipment on lease.

This is a fairly common method used to optimize expenses. Its essence is that you lease the necessary transport, specialized equipment and other equipment. The equipment can then be returned.

The advantage of leasing payments is that they minimize the tax burden. If you are on a simplified tax regime, you can reduce the tax by the amount of these costs, and the company on the OSNO will cover the VAT amount.

Reduce your payments for the Internet, mobile communications and housing and communal services.

A method that some managers neglect in vain. Monitor offers from different mobile and Internet operators to switch to more favorable tariffs. You can do this using the Tarifer service, for example.

When it comes to utilities, be sure to talk to your employees about optimizing costs by using less water and electricity in the office.

Keep track of accounts receivable.

If necessary, assign someone to monitor this debt on an ongoing basis if there are many counterparties. This way, the company will avoid a cash flow gap, even if you agree on partial payment. Many companies do not pay due.