Five Great Cost Saving Ideas for Business

person counting coins - cost saving ideas

Who doesn’t like saving money? We’re all always on the hunt for effective cost-saving ideas, especially businesses. With all the expenses that a company needs to fulfill, any idea is worth a try. Here are a few ideas that could make a difference in the end to your bottom line:

Implementing Virtual Desktops

Think of the convenience virtual desktops bring. Firstly, they are very cost effective by reducing capital expenses such as eliminating the need to buy the same software multiple times for multiple devices. Secondly, they also allow for your employees to bring their own devices, utilizing resources more effectively.

And last but certainly not least, virtual desktops maintain and upgrade themselves. This is a huge time and money saver that any business can appreciate. Check out our information center for more details on this IT solution!

Allowing Personal Devices

An increasing amount of businesses are allowing for personal devices in the workplace. So much, in fact, that there’s now a solution you may have heard of called Mobile Device Management (MDM) that many businesses implement.  

How is this a cost saving idea? Well, encouraging employees to work on their laptops or tablets could save businesses a lot of money when it comes to buying devices to accommodate their employees. It’s also a whole lot easier and saves you the trouble of having to deal with cables and other complicated devices.

Also, anything that makes your employees happier is a plus.  

Establishing Remote Days

Remote workers are happier and more productive. It’s been proven. Whether it be from their favorite coffee shop or their comfy couch at home, working remotely has only provided positive results so far, so it’s worth a shot!  

More specifically relating to cost-benefits, shutting down the office one day a week gives you the opportunity to slash that large electric bill. Think about it.

Outsourcing Complex IT Work

Outsourcing to managed services to providers like RedNight Consulting can be a huge money saver. How? Well, no one can deal with IT better than the professionals, especially when it comes to complex projects. Instead of attempting yourself and potentially wasting time, effort, and money on solutions that may not work, get it right the first time by outsourcing your requests to those who know. Bringing in outside experts to manage your IT is never a bad idea.

Going Green

This one is a no-brainer. Studies have shown that some businesses spend as much as 1-3% of their yearly revenue on printing. Not only is going paperless smart for your business, but it’s also good for the environment. You can achieve this by setting up servers or databases to store business documents rather than having to print out everything. Then, your employees can access these documents off of their devices rather than requiring a paper copy to be in from of them.

RedNight Consulting Knows How To Save You Money

There are many more cost-saving ideas out there, but these are some of the main ones we know work. Want to discuss any more in depth? Give us a call! We’d love to help you improve your business work flow, efficiency, and of course, cash savings.