Spending Less - A Top Cash Flow Strategy for Business
Companies are searching for ways to cut their operating costs that will enable them to survive harsh economic times. To help them accomplish this goal, Better Business Budgeting offers group buying advantages on products, services and best practices.
Online, June 23, 2010 (Newswire.com) - Not knowing if and when their profits will return to normal, many small and medium sized companies and non-profits are taking the extra effort to scrub all non-essential spending from their operations.
"One of the reasons that we are still able to make payroll is because we have cut our spending to the bone," states Hattie Smith of Columbia Medical Services. "We buy supplies from BetterBusinessBudgeting.com so we are saving several hundred dollars a week on some of our basic expenses like office supplies, food and credit card processing. We have only just started using their service, and we plan to look into more of the categories they offer to see if we can cut even more out of our operating budget."
Better Business Budgeting provides thousands of products and services that companies use everyday. Members have the opportunity to buy at group rates, but are not obligated to buy and they do not even pay a membership fee. By building leverage as a group, these companies have realized discounts that range from ten to sixty percent on things they buy everyday.
Kenneth Brown, Better Business Budgeting CEO states: "We believe that providing a competitive advantage for the small to medium sized company helps them compete with the big boys. Our hope is that our customers will thrive and grow despite the difficult economic times, using cash flow control as just one of their secret weapons. We focus our efforts on each and every customer to understand their business; because they are searching for ways to get a better ROI for their hard-earned dollars."
Jess Fulton, VP of Marketing agrees: "Our mission is simple: to empower organizations to spend smarter and save money through their broad adoption and use of innovative, easy to use, fast to implement and cost-effective procurement practices and applications."
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Tags: budget, cash flow, operating expenses, opex, procurement, spending