Stay lean with your business.
Until your company is acquired, you should always think about cutting costs and looking for ways to save money. In a company there are ups, and there are downs. Downs are really hard. Prepare for them.
Work out of your home for as long as possible.
It’s unnecessary to rent an expensive office.
Move paperwork online.
No more printing, papers, or postage.
Seek multiple bids on every major purchase.
Choose lower prices if the cheaper options still serve your needs.
Reward and recognize employees for suggesting ways to save money.
Your coworkers might know their field better than you and be useful in this endeavor.
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