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Business Partner Magazine

Tips and advice for entrepreneurs, start-ups and SMEs

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6 Ways Small Businesses Can Cut Down Overhead Costs

May 1, 2023 by BPM Team

Close-up of businessman explaining a financial plan to colleagues at meeting

Overhead costs are the ongoing expenses associated with running a business that are not directly linked to making a product or service. These costs include rent, utilities, office supplies, salaries, insurance, and marketing expenses. Since small businesses have smaller budgets … [Read more...]

How to Cut Internet Costs

January 12, 2023 by BPM Team

Partial view of businessman plugging router on ethernet wire

Are you tired of paying high monthly bills for internet service? Don't worry; you're not alone. With the internet being such a crucial part of our daily lives, it's no wonder many of us are feeling the pinch regarding internet costs. But fear not! There are ways to cut those … [Read more...]

Ways of Reducing your Operational Costs to Maximize Your Profitability

June 25, 2021 by BPM Team

Two woman in black sits on chair near table

It's the goal of every entrepreneur to have their business operating at a profit. However, it may not always be like that - you may make a loss or perform at an equilibrium. For a company to break even and grow, it must pay for its costs and be profitable. Here are ways to … [Read more...]

Keeping Overhead Costs Low in Your Small Business

June 19, 2021 by BPM Team

Businesswoman working on her desk near calculator

Most business owners do not think about how to keep small business overhead costs low. It can be tough to remember everything since a small business owner needs to think about things like a phone answering service and hiring employees. After all, the reason that a … [Read more...]

5 Smart Approaches To Cut Business Costs

March 8, 2021 by BPM Team

Money transactions receipt

A successful business runs by providing value to the two best approaches. The first is to develop or implement ways to generate increased revenue. Second, by cutting down unnecessary costs to spend it on business development. Undoubtedly, the first approach is generally the focus … [Read more...]

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