Could these minute expenses actually be at the forefront of what’s costing your business thousands of dollars?
When you think about the expenses that cost your business the most, the first things that pop into mind are probably your staff’s paychecks and the premise rent. But these are necessary factors that you need for growth, so where is the rest of the money going? Here are 2 things that could be costing your business thousands.
1. Toilet Paper
The most underrated expense of not only businesses, but homes as well. It is used every day, and provides employees with the comfort that they deserve. There’s no need to flush away hundreds of dollars down the toilet with a luxury brand. Store brand toilet paper works just as well. Make sure you’re getting the “sheets per role” that you’re paying for!
Every business needs a stationary, but this is another expense that quickly escalates without monitoring closely, like phone usage from pt. 1. You can help minimize on stationary by encouraging your employees to print sparingly and promoting paperless communication and collaboration systems like Google Docs.
Having the right commercial insurance will help to ensure you are covered in case of any damages that make these costs seem tiny. Contact the independent insurance professionals at Udell Family insurance in Westlake Village, California for all of your earthquake coverage needs.