Friday, October 31, 2008

79 Ways for your Small Business to Save Money

I just read a great article on InsideCRM called 78 Ways for your Small Business to Save Money in this Economy. It’s filled with great advice and is even broken down into categories like Technology, Office Items and Office Space, Advertising, Travel, etc. I highly recommend you check it out.

I was surprised that an Internet fax service like MyFax did not make the list. It’s inexpensive and it doesn’t tie up any phone lines since you send and receive faxes through your Internet connection. It also helps you save energy, paper, and toner since all documents are electronic.

Fax machines are huge energy wasters, in fact the The U.S. Environmental Protection Agency have named the fax machine as the biggest energy hog in the office.

Here’s a few other numbers you might find interesting if you are looking for ways to save money. Over five years, a standard fax machine in the $150 range will cost you about $5,400 if you add in the cost of toner, paper, and a 2nd phone line. (And this doesn’t cover your long distance charges or any maintenance if it breaks down).

MyFax on the other hand is $10 a month with no long distance charges and free 24/7 support and you can cancel at any time. Even if you’re like me and not great at math, you can still see that is a considerable savings.

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