In an ultra-competitive economy, the way to increase profit is to lower costs. It’s just common sense that you can’t raise prices without surrendering your market share. So focus instead on where you can save money on your inputs.
Fortunately, an ever-innovative market has spawned lots of different B2B firms that can help you do just that. They’ll find ways to reduce your overhead and take home more of the revenues that you work so hard to generate.
Here are five products that provide real value to your bottom line, and the companies that offer them.
Label Printing
The slow process of getting paper labels printed makes it nearly impossible for businesses to take advantage of the ways these products can save money. That is if you choose an outside vendor for printing.
A good option is to go with QuickLabel Systems, which will allow you to print barcodes, mailing labels, and so much more on your own, right at your business. That means no ordering, no waiting on the shipment, and no tracking inventory. You print it when you need it, and it saves you money every time.
Document Management
One of the best ways you can save money is to bundle services together. Just as you may see with your home cable, telephone, and internet, it’s cost-effective to get multiple services from the same place.
Google is far more than a search engine now. It includes email marketing, document sharing, and schedule management. With these systems, you can make your employees more efficient by targeting their work, allowing them to collaborate over a long distance, and coordinating their schedules to make the most of their time away.
Payroll Control
Nobody likes mistakes on a paycheck, but many small businesses don’t have the resources to bring in a full-time specialist for handling employee pay. It is a difficult and frustrating quandary for some firms.
By using ADP, you can handle these issues in a cost-effective way. You don’t have to hire a payroll staff or pull people away from other assignments to deal with payroll. Instead, you provide ADP with the information, and they take care of the rest. Correct withholdings, correct payroll tax calculations, and hassle-free paydays. It is money well spent.
Social Media Management
You can access your market incredibly fast with social media. A post can get to them faster than a television ad, billboard, radio spot, or almost any other form of traditional advertising.
But as your business grows, you will find it harder and harder to keep up with social media. And since out of sight is out of mind, your customers may forget you.
By hiring Lyfe Marketing to attend to your social media presence, you will have experienced people getting you maximum exposure in a timely fashion, all without spending half your day looking down at your phone.
IT Services
Your computer network is a lot like your car. The daily maintenance is easy enough to do yourself–checking oil, fueling up, monitoring tire wear. But once you have three or four vehicles to manage, and you start to run into mysterious “check engine” lights or major malfunctions, you go to a mechanic.
Your business computers are the same way. When you operate just a few machines, it’s not cost-effective to have a full-time IT staff. The problems you encounter are too complicated for the untrained hand.
All Covered will make sure that you are just that–all covered. They can handle daily maintenance along with bigger tasks like Cloud migration. When you’re ready to save money on IT, this is the route to go.
So there you have it. Five companies that can give you a boost by saving you money, reducing down time, or otherwise streamlining your operation. Take advantage of the ways that they can cut your overhead, and you’ll see your profits grow.
