Cut costs for your business: hire instead of buy.

freeimages.co.uk workplace images

The April/May edition of Wellington Today, a magazine for growing businesses, had a lot of interesting articles in it, particularly one called “Trimming the fat”.

 

The main focus of the article was ways to cut costs and work more efficiently.

It warns of cutting costs not quality and that business survival is a 3 step process – cut costs, hold on to your cash and increase sales. The article then listed several suggestions to go about this.

 

The part that caught my eye was ‘borrow or rent equipment’ and it asks “Have you ever purchased business equipment for a small period of time?”

 

I’m sure many of you have but you just don’t need to. You can hire pretty much everything, keeping your cash where you need it, in your business!

 

Presentations –  audio visual equipment, projectors, conference facilities

 

Computers – get up to date technology at a fraction of the price, laptops or PC

 

You can hire office furniture, office space, you can even hire that all important coffee machine.

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Pause before that next purchase and consider hiring as an alternative.

I hope we just saved your company a lot of money.

Iona

HireThings.co.nz

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