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16 Tips for Saving on Small Business Expenses Infographic

Your top three business expenses are your employees’ wages, inventory and rent. According to an infographic from Bolt Insurance [1], 1 in every 5 dollars your business earns goes toward paying your employees. That’s a tough expense to cut, but there’s a lot you can do to reduce your costs on equipment, taxes, utilities, phone service and shipping.

You might not save a lot on your business expenses right away, but these kinds of savings add up once you’ve implemented a few of them. Bolt offers us 16 ways to save on the top 10 business expenses. Some of the those tips include:

Check out these tips to save on your business expenses:

small business expenses [1]

[Click for full version [1]]

Editor’s Note: This piece was originally published on SmallBizTechnology and is republished here with permission.