When it comes to running a business, there are many different things that people choose to explore. This can be things like overseas transactions, multiple locations for business, and also taking their business online so that they can expand further into the world. In this article is going to be 3 frugal things you should be considering adding to your business.
Automation
Wherever possible, adding automation to your business can make things run more smoothly than before. A system can be added to many time consuming tasks like payroll, bookkeeping, invoices, email lists, and much more. Doing this will save you a considerable amount of time, meaning you have time to concentrate on other important things to do with your business.
Now that the world has been overrun by social media, it’s always a good idea to be thinking about using some automation services for your social media accounts. Regularly posting to keep your clients and fans interested can be very time consuming, and also distracting from the work that needs to be done. There are apps and programs available for you to utilize, so consider using them to make your life much easier. Apps like Crowdfire can even grow your social media reach, so that your following is increasing with little to no effort from you.
Credit Cards
Credit cards are more useful than many people think. Businesses benefit greatly from the use of credit cards for large purchases that need to be made. Even if you’ve only got a small business, having a credit card will give you that little bit of financial stability, and you can also enjoy many perks that come with owning a credit card such as cash rewards for a certain amount of money spent.
Accepting credit cards as a form of payment is a good idea for all sized businesses too. Even though you may have to pay a fee for every transaction that is made, very few people carry cash in this day and age. Having the facility to accept credit cards will increase the likeliness of them making a purchase from you. Read more at merchants.services to find out many other reasons why accepting credit cards as a form of payment will benefit your business.
Internet
As previously mentioned, the internet has taken over when it comes to business growth and sales. Consider taking your business to the realms of the internet so that you can reap the benefits that it can bring to your business. Social media, if used correctly, can be a very powerful tool in bringing you new customers, and also generating excitement for the product or service that you have on offer.
Running giveaways or competitions give you the chance to reach out to even more people, and get people interested in your business. Spending a small amount on a prize can generate great interest for many. Afterall, everyone loves something for free!
Following these 3 frugal ideas, you could be growing your business for less than you think!
I hope you enjoyed this article about frugal things that you should consider adding to your lean startup.
Interested in more articles about bootstrapping your business?
Read My Posts:
- Simple Ways To Earn Online Revenue As A Stay At Home Mom
- 5 Unexpected Ways To Improve Lean Startup Efficiency
Published by Michael J Schiemer
Owner of Bootstrap Business
Money - Marketing - Motivation
Digital Marketing | SEO | Social Media
Mike Schiemer Builds Better Business
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