Cover Your Costs from Day One!

>less at thecash register. But what happens to the
One of the most difficult aspects of starting amoney they "save"?
newbusiness is the cost involved. Most peopleThey just spend it on something else!
start abusiness because they need to EARNThe RIGHT way to use coupons is...
money, andfinances are often tight.BEFORE going to the store, put the money you
Here are some strategies you can use to coverwill save withyour coupons into a jar (if you have
yourbusiness costs from the very beginning...just one coupon for
#1. Talk to people!30 cents then put 30 cents in your jar; if you
I know this seems scary, but it is a great way tohave severalcoupons adding up to $3.45 then put
coveryour monthly business costs quickly.$3.45 in your jar).
When you rely solely on automation to contactNOW you can go to the store and use your
yourcustomers and prospects, it usually takescoupons, and youwill truly have SAVED the
60-90 days tomoney. The money you save canthen be used to
BEGIN to see results. This is quite normal for anyhelp cover your monthly business costs.
typeof new business but, when it's YOUR5. Pay attention to where your money goes!
business, 60-90 dayscan seem like a VERY long- How many of us run off to work every day
time.without timeenough to pack a lunch, so we end
By talking to a few friends and/or familyup spending money oneating lunch at a
members -- peoplewho respect you and withrestaurant? I know I did...often. Iwas spending at
whom you have credibility -- youmay findleast $25 per week (that's $100-$125 amonth!) on
someone who is interested in giving youreating lunches out...by myself...on workdays.
productor opportunity a try.Instead of trying to make time in the morning to
Often, just by talking to people, you can earnpack alunch, why not pack a lunch the night
back yourinvestment -- or even make a profit --before? And, if youhave a microwave available at
the first monthyou're in business!work, you can even packsomething to heat up so
#2. Increase the tax deductions on your W-4you don't feel tempted to
form!"go out" for a hot lunch.
Almost everyone who starts a home business- How much money do you spend on sodas? As
works afull-time job. But, did you know...with everythingelse, it costs more to buy one
As a home business owner, many items thatsoda than it does for asix-pack or a 2-liter bottle.
used to bepersonal expenses are now businessWhy not buy soda in largequantities, and bring
expenses. This means youcan write off many ofseveral servings to work with you.
these expenses as tax deductions!Or, to REALLY save money, instead of drinking
Instead of waiting till the end of the year to filesoda, whynot switch to iced tea or crystal light.
yourtaxes and get a refund, you can increase theYou can make alarge batch at home and then
amount oftake-home pay in your paycheckbring it to work in a jug.
simply by increasing thenumber of deductions on- Are you a coffee drinker? Instead of paying for
your W-4 form. (As a result, lessmoney will beyourcoffee by the cup, why not invest in a large
taken out of your paycheck for taxes.)thermos andbring your coffee to work with you.
IMPORTANT: Before making changes to your- Are you addicted to sweets like me? Instead of
W-4 form or filingyour tax returns, be sure tospendingthe money on candy bars and other
talk with an accountant.snacks from machines orin convenience stores,
#3. Save your change every day in a jar!why not bake a batch of cookies orbrownies.
This sounds simple, but you'd be surprised at theYou'll save money, and you'll havebetter-tasting
number ofpeople who don't take advantage ofsnacks.
this easy strategy.Or, if you prefer a candy bar, purchase them in
Most people spend loose change without evenlargepacks at the grocery store and bring them
thinking aboutit...on coffee, candy bars,to work withyou -- it'll still be cheaper than paying
newspapers, etc.for each candybar separately.
Instead of paying for miscellaneous items withAnd, these are just a FEW of the ways you can
change, paywith paper money. At the end ofsave money...allowing you to easily find the money
each day, put all yourloose change in a jar. Theto invest in yourbusiness.
average person is able toaccumulate $20-$40If you implement even a couple of the strategies
month in coins this way. This money canthen bein thisarticle, you'll be able to save enough money
used to help cover your monthly business costs.so that thecost of starting your business doesn't
#4. Use coupons the RIGHT way!put a financialstrain on your monthly budget.
When most people use coupons, they simply pay