Growing a business is an incredibly difficult job, but doing so whilst also trying to keep costs down and save cash is all the more difficult. With limited funds, you probably thought that growing your business is all but impossible right now.
Well, it isn’t. In this article we’ll take a look at 5 ways you can grow your business, all whilst saving money at the same time.
Outsourcing
Hiring an employee for every little job that you need doing in your business just isn’t cost effective and completely kiboshes your chances of growing the business. Luckily you don’t have to, thanks to the internet, outsourcing couldn’t be easier. Websites like UpWork and Elance provide an infinite pool of freelancers who can complete anything from odd jobs to more regular gigs.
Thanks to outsourcing, your employees don’t have to be your employees anymore.It’s now quite easy to run a business on your own, with platforms like Global Response providing a vital service to help you do so.
Home Working
If you’re running a business, you’re likely paying the rent for the premises to run that business from, as well as any number of bills. At the same time, you’re probably still paying similar bills for your home. So why not merge the two?
Working from home allows you to take your business off the ground, whilst not paying for expensive facilities. What’s more, if you’re using one of the aforementioned freelance sites, you can deal with freelancers remotely.
Build your own Website
Let’s face it, every business needs a website nowadays. A presence online is key to beating the competition. However, the trouble is that many people assume that only an expensive professional can build a good website. That couldn’t be further from the case; you can cheaply and easily build your own website.
Use a free tool like Google Sites to set-up a website and you can buy a domain from any number of outlets for only a couple of dollars a year.
Live in the Cloud
In the age of the internet, there is little need for your business to have much of a physical presence, in fact you can now live and work in the cloud. Each of your business’ employees can flexibly work from home, with services like Skype available for communication and the likes of Google Drive and Dropbox providing cloud storage solutions.
Platforms like Google Drive and Docs allow you to complete all of your work in the cloud largely for free until you reach a certain amount of space. Other team members will also be able to jump in and collaborate when using these suites.
You can now take every aspect of your business online and in turn, save a lot of money that you would have spent on premises and physical filing.
In conclusion, growing your business whilst saving precious cash isn’t as difficult as it sounds. Thanks to the internet and outsourcing, money can be saved everywhere.