Smart Ways to Save

Does the down economy have you searching frantically to cut back in your workplace? If so, you're not alone. Sure, you could take steps to lower your electricity bill or trim your budget for office supplies--but these days, those simple measures aren't enough to keep your books in the black. If you're looking for smart ways to save money at your small business, take a look at these tips from Entrepreneur.com.
Say no to costly customers. Landing a high-profile job could cost you if you're not careful. If a client is sucking up your resources, it's time to cut ties.Examine your tech expenditures. Most small businesses get caught up paying for technology they don't actually need, says Joe Knight, author of Financial Intelligence for Entrepreneurs. Take a closer look at your tech budget to make sure you're only spending on what you need.Don't fire great workers. If you cut your key performers just to save money, you could find yourself in a jam that you can't get out of. Find other ways to free up cash--without cutting the workers who have made your small business successful.
Check out the full article for more great ways to save.