{"id":1092,"date":"2017-03-13T11:10:03","date_gmt":"2017-03-13T11:10:03","guid":{"rendered":"http:\/\/localhost\/help_desk\/?p=1092"},"modified":"2017-03-13T11:10:03","modified_gmt":"2017-03-13T11:10:03","slug":"4-money-saving-measures-any-business-owner-can-implement","status":"publish","type":"post","link":"https:\/\/www.semtechit.com\/4-money-saving-measures-any-business-owner-can-implement\/","title":{"rendered":"4 Money-Saving Measures Any Business Owner Can Implement"},"content":{"rendered":"<p>\t\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1068\" src=\"https:\/\/www.semtechit.com\/wp-content\/uploads\/2022\/04\/2019\/05\/save_some_money_400-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" \/>Unless you\u2019re at the helm of a Fortune 500 company, it\u2019s likely that you\u2019re always on the lookout for new ways to save money by tweaking your company\u2019s operations. When you\u2019re in money-saving mode, you understand that even a small change can rack up a lot in savings. To help you in your quest to save money, consider implementing these four practices.<\/p>\n<p><strong>Pay for Skills, Not for Experience<\/strong><br \/>\nWhen you post a job opening, it\u2019s normal to include a laundry list of all of the qualifications you\u2019re looking for in an applicant, which often includes a minimum amount of job experience. The thing about hiring experienced workers is that they have the ability to command top dollar, seeing as your competitors desire a worker with experience as much as you do. Although, if you\u2019re looking to save money, then try hiring workers that have the skills necessary to perform the job, but lack experience. Often times, they\u2019ll be so eager for the chance to work and gain experience that you can onboard them with an entry-level salary and let them work towards better benefits, which can total a fraction of the cost of what you would have to pay a worker with experience.<\/p>\n<p><strong>Conserve Electricity and Heating and Cooling<\/strong><br \/>\nThe heating and cooling bill for your office can be significantly reduced with careful oversight and the right solutions. The alternative is to leave the lights and monitors on overnight, as well as your <a class=\"wpil_keyword_link\" href=\"https:\/\/www.semtechit.com\/who-we-help\/hvac-service-providers\/\" title=\"HVAC\">HVAC<\/a> system. It may seem like a hassle to walk a lap around the office at the end of the day and turn everything off, but it\u2019s a hassle that can save you a ton of money. Ideally, you can train your staff to do these tasks at the end of their workday, and computer peripherals like monitors can be set to turn off after a few minutes of inactivity. Smart lights and thermostats can be used to manage energy use (they\u2019ll end up paying for themselves). Also, try designing your office in such a way that the rooms utilized the most have windows. This will allow you to spend less on electricity needed for lighting.<\/p>\n<p><strong>Recycle Your Old Equipment<\/strong><br \/>\nIt\u2019s a win-win scenario when you\u2019re able to trade in old equipment and ink cartridges to vendors and they give you a discount when purchasing new equipment and ink. There is a variety of companies that incentivize recycling in this way. Be sure to ask about this before making your next technology purchase.<\/p>\n<p><strong>Outsource as Much as You Can<\/strong><br \/>\nIn business, one of the surest ways to save time and money is to outsource a responsibility to an expert. This applies to everything from the delivery of your product, to the cleaning of your facilities. One surefire way to save money is to outsource the maintenance and oversight of your company\u2019s IT network. SemTech IT Solutions can handle this responsibility for you, as well all other IT responsibilities that may be eating up more of your resources than is necessary.<\/p>\n<p>These are just four ways that you can tighten operations and create some breathing room in your budget. What are some reasonable changes that you\u2019ve made to your business that have yielded major savings? Feel free to share them with us and other business owners in the comments below!\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unless you\u2019re at the helm of a Fortune 500 company, it\u2019s likely that you\u2019re always on the lookout for new ways to save money by tweaking your company\u2019s operations. When you\u2019re in money-saving mode, you understand that even a small change can rack up a lot in savings. To help you in your quest to&hellip;<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[69],"tags":[165,145],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4 Money-Saving Measures Any Business Owner Can Implement - SemTech IT Solutions Blog | Orlando, FL | SemTech IT Solutions<\/title>\n<meta name=\"description\" content=\"Would you like to cut costs to increase profit margin? Consider making these four changes to reduce operational and capital costs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.semtechit.com\/4-money-saving-measures-any-business-owner-can-implement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4 Money-Saving Measures Any Business Owner Can Implement - SemTech IT Solutions Blog | Orlando, FL | SemTech IT Solutions\" \/>\n<meta property=\"og:description\" content=\"Would you like to cut costs to increase profit margin? 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