There is no doubt that running an at home business keeps costs down. When running a successful business, the question of how you make/ save more money is always in the back of your mind. There are two ways to boost your profit margin. One is to increase your income, the other – and more simple of the options – is to reduce your outgoings. Especially when working from home, household bills increase significantly due to the added time spent in the property, and the continued technology usage. Here are some tips on how to reduce your outgoings – you’ll be surprised how little changes can add up.
Charging Technology
It’s amazing how much energy is used by devices being constantly on charge. It is easy when you run your business from home to have your phone and laptop charging all day. You don’t have to worry about them suddenly running out of battery and potentially losing a phone call or an unsaved piece of work. What you do have to worry about is how much this is racking up your electricity bill. Having an alert on your device for when it’s low on battery is a good way of avoiding that jaw-dropping bill at the end of the month, and the inconvenience of losing work. The same goes for leaving devices on standby. Just the simple action of turning devices fully off can save a lot of money in the long run.
Energy Saving Light Bulbs
This is a good one for keeping home costs down in general but will be helpful if you find yourself working through the evening and into the night. Having appropriate light conditions for working in is extremely important, so you need to make sure you have enough light sources around you to be sufficient. Energy Saving Light Bulbs emit less heat when working; therefore less energy is wasted, meaning more money in your pocket.
Renewable Energy Sources
You want to make your home your own personal wellness haven if you are working full time from your desk, so making sure you have everything around you that makes you feel comfortable and work more efficiently is essential. This means in the cold of winter you want to have good quality heating, and in the heat of summer, you want airconditioning to ensure your home stays cool. The constant use of these types of systems, however, could increase your outgoings. Considering Solar Panels for renewable energy could actually save you a lot of money in the long run, even though installation can be quite pricey. So if your budget or profit allows you, budgeting up for this type of investment could be really beneficial for your business.
Plan Your Meals
When working from home it can be easy to just snack through the day rather than filling yourself up with three good meals. Planning your meals for each day can significantly reduce the cost of your weekly/monthly, as you know exactly what needs to be on your shopping list. Shopping with a list keeps you focused and you don’t just end up filling your basket with whatever you are craving that day. Furthermore, a nice, filling breakfast or lunch can also increase brain power and productivity levels for a more successful and fulfilling day. It’s a win-win.
