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Simple Ways a Startup Can Save Money

January 27th, 2013 Posted in Business

When you have an exciting startup, you want to be able to put as much capital as you can into the product or service delivery instead of the overhead expenses. But without the overhead, that means you have no means of supporting your startup in the first place. This is why we’ve compiled a list of things you can do to minimize your monthly upkeeps right from the very start of your business. These aren’t just stopgap measures until you can find more money to get better services. These are actual alternative options for people who are willing to invest in good IT infrastructure.

Save Money

Before you get excited though, let’s just repeat that most of these options need good computers and a stable internet connection to function. If you aren’t willing to have this as part of your startup’s resources, then we suggest you go with traditional business options.

So now, here are the tips:

Get a voice mail. You may think that this is  a frivolous expense that can be disregarded but it’s an actual money-saver. Calling your staff on their phones costs money, both for you and them. Mostly on you, thought, if you have to foot the bill for the call from your phone and a call from theirs. When you use a voice messaging service, you can cut costs by just sending audio messages. When a call doesn’t push through, you can simply leave a message on the inbox which can instead turn into a personal meeting offered by companies like RingCentral.

Outsource your IT needs to the cloud.Usually, you have to think about hooking up all your office PCs to a server while purchasing storage devices. The best way to cut costs on this is to contract cloud-based storage and applications. You don’t have to buy software licenses for each PC that’s needed for your startup. You can just buy one contract with a cloud computing company and they give you access to your data stored on their server and the applications you can use to edit, view and print your files.

Use a VoIP phone service. Instead of the usual landline setup, you can opt to use internet telephony solutions. You use software phones that let you call and receive calls through the internet. Monthly fees are cheaper and you usually don’t have to pay for any extra equipment.

Consider setting up a virtual office.Another alternative to the actual office setup is to use a virtual office. Your employees can work from home and access the cloud for their files, work and applications. You don’t have to worry about people thinking you don’t have an actual office because virtual work space providers also let you use a posh central business district address and their meeting rooms for a few hours a month.





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