10 Best Money Saving Tips for Small Business

 Source: http://www.fpb.org/hottips/273/10_best_money_saving_tips.htm

When times get tough, we tighten our belts. Cutting down on unnecessary expenditure can be the difference between failure and survival for your business in these difficult times.

If your business is struggling in the current climate, why not try some of our money-saving tips and see how much you could save.

1. How to cut your tax bill

Taxes: the bane of business owners everywhere. In this hot tip, we offer you some of the best tips on cutting your tax bill – from saving tax on energy-efficient cars, to cutting your bill by going into partnership with your other half – brought to you by the FPB’s tax adviser, Pat Cobham.

2. How to slash your bills

A survey has shown that smaller businesses are paying well over the odds on a host of common purchases. And, worse still, many know that they could cut their bills, but simply never take action. But, desist from your procrastination – by the end of this hot tip, you could be well on the way to slashing 35% off your current spending.

3. Inheritance Tax and how to avoid it

Peter Houghton – a specialist in trust tax and estates at Mace & Jones explains how to protect your finances and business interests through the preparation of a tax-efficient will.

4. How to save money on electricity and gas

As the economic outlook gets gloomier, FPB members everywhere will know that energy price increases are playing a far more important role in the fight to make a decent profit for their companies. Read on to see if you are overpaying your suppliers.

5. Top credit control tips

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