NEWS RELEASE
FOR IMMEDIATE USE
FOR MORE INFORMATION,
CONTACT:
The Small Business
Advisor
C/O Joseph Gelb
11 Franklin Avenue
Hewlett, New York
11557 USA
516-374-1387
FOR IMMEDIATE RELEASE
Announcing New eBook, “57 Easy Ways to Save $10,000 or More This Year”
and Free Tips
Running a profitable small business means you
need to be savvy about spending and saving so that your business not only
survives during economic ups and downs, it thrives. Saving money in your
personal life can give you the extra time to get your business off the ground
and turn a profit. By organizing your business and personal finances, you can
take the pressure off and put yourself in the best position to make big money
in your small business. For example, below is one top small business financial tip
that can save thousands of dollars and more each year shared by Joe Gelb, CPA
and financial expert, author of the new eBook, “57 Easy Ways to Save $10,000 or More This Year.”
Eliminate Waste
Many
entrepreneurs get tunnel-vision and focus on generating and closing business.
While this makes total sense, taking 10 or 15 minutes regularly can help you
free up cash.
Over
time, needs change, your business evolves and
employees come and go. What may have been a useful report six months back may
go unread today. When you save a few dollars here and there, you can accumulate
$1000s of dollars, relatively easily. We've done it. You can too.
Consider
these relatively straightforward yet powerful tips:
—Review Your Bills Regularly. Several prime examples include your
wireless telephone bill, internet hosting service, cable TV, transportation,
meal policies, travel and entertainment. Over time, your usage patterns and
needs are likely to change. Therefore your bill may be out of sync with your
current needs. It is likely that you've outgrown or surpassed the services that
made sense before. Review your bills and make changes to help you save money.
If you don't have time, assign this task to an administrative assistant or your
controller/bookkeeper.
—Borrow Smartly and Pay Down Debt
Borrowing money can
help you get ahead. The three best forms of debt are student loans to advance
your career, home mortgages and business loans. The concept is "good
debt" helps you get ahead, make more money and build wealth. Generally, consumer
debt is a waste.
For a moment,
consider the fact that the interest rate you pay on a loan always exceeds the
interest rate the bank pays you on a savings account. Often
5% more. For example, a bank may issue a Certificate of Deposit (CD) and
pay a 1% interest rate. At the same time, they may charge 5 or 6% on a home
mortgage. To reduce your interest costs, pay your monthly loan payment as early
as possible and divide your payment into two or four weekly payments. When you
borrow smartly, you can reduce your business' borrowing costs and increase your
profits.
Blog
with More Free Tips
The new eBook, “57 Easy Ways You Can Save $10,000 or More This Year,” presents a clear-cut
action plan that puts $10,000 or more in people’s pockets this year and for
years to come. Joe Gelb shares over 57 practical tips, tactics and ideas to
make sure even the average “Joe” can get ahead, save more money and build more
wealth. The tips are organized into 21 major categories including how to save
money every day, home mortgage, insurance, saving money on your car, going to
work and on entertainment.
Gelb also shares his decades of financial
experience and expertise to help others achieve their own financial goals and
gain freedom and peace of mind. He’s been featured in the, "Bottom Line
Personal” newsletter.
For more information as well as more free
tips & to order the eBook, contact The Small Business Advisor™, C/O Joseph Gelb,
11 Franklin Avenue, Hewlett, New York 11557 USA; call: 516-374-1387 or visit Joe & his
blog online at: www.smallbusinessadvice.com
or www.facebook.com/smallbusinessadvisor anytime.
###
Contact
The Small Business
Advisor™
C/O Joseph Gelb
11 Franklin Avenue
Hewlett, New York
11557 USA
Call: 516-374-1387