reduce business expenses

Reducing Your Business Running Costs

Are you worried about your business expenses getting out of hand or not even traceable? Are your running costs feeling incredibly high against what you feel they should rightfully be to make a better profit? Many business owners of small to medium companies feel the same frustrations and want to know how to reduce business expenses and run a better organization. Here are some things that can make a difference.

Payments and Contracts

If your business is making regular payments, then you need to know what they all are towards and, in some cases, which ones may not actually need paying anymore – or at least can be greatly reduced.

Some of the things you are paying for may not even require being paid for at all. Dropbox is a common one for businesses who realise that they are paying £9.99 a month for a service they no longer use when they use the same amount as the free version has. Other companies subscribe to Mailchimp and never even use the service. These are areas that are taking up considerable money when calculated for no reason at all.

The same can be said about your business mobile contracts. Many companies often just extend them without realising a cheaper and better contract has become available in the years since first signing up. If they are hardly used against their contracts, a sim-only plan can be much cheaper also.

Reducing Fees

There may be some memberships that you are signed up for that are not exactly helping your business.

Throughout the pandemic, many businesses signed up for virtual networking groups or subscribed to online learning platforms/seminar groups that you no longer have the time to take on when your business is running at maximum. The promise of getting back into these things when you have time does not mean that you still have to be paying out on memberships whilst you wait for that time to come around.

Staff for Specific Jobs

The ability to take on staff is great, but sometimes hiring specific staff for areas can leave a lot of unnecessary company spending with wages, NI and pension contributions.

Your company bookkeeping is one of those areas where it is much more cost-effective to hire an outsourced professional in bookkeeping services on a monthly or even quarterly basis, which not only keeps all of your company costs in the green but also keeps your employee costs lower – meaning you save much more by just using them when you need them and not keeping a body around gaining money when you don’t.

Contact the team at Pebbles Bookkeeping today for all bookkeeping services in Manchester and gain expertise to reduce business expenses.

Don't just take our word for it...

Sam Phillips, Sam Phillips Builders

“Sean and the team at Pebbles provide bookkeeping services and do everything from processing invoices to payroll and then final accounts to trial balance.  They have put processes and systems in place that have helped the company track our projects and see if they are profitable and to help us generate better profitability and cash flow.  I highly recommend Pebbles Bookkeeping and often pass their details onto my contacts.”

Wayne Dinning, Managing Director, SD Waste Paper Limited

Diane has been providing her services to my company for approximately 6 months now and I can honestly say that due to her assistance, my company is running a lot more smoothly than it has at any time over the previous 30 years that it has existed.

I would just like to say that I would recommend her services to any business, whatever the size, as I can only see that her services would be beneficial to any company that may choose to employ her services.

Sarah Rekia, Site Welfare

“In bringing Pebbles onboard, it has made me wonder why we decided to try and do our own bookkeeping at all. Pebbles came in and sorted 18 months worth of mess we had unwittingly created, and we cannot be more grateful. I wish I had been told about them years ago and I hope every business out there struggling would give them a call to fully see the benefits they are missing out on.”

Anne-Marie Armstrong, Amberry Marketing

I just wanted to thank you both for the help you’ve given me thus far in setting up my new cloud-based bookkeeping system ‘Clearbooks’.

Having used Microsoft Excel for more years than I care to admit, I had more than a few reservations when considering changing the way I managed my books, yet understood that I had to make the change sooner or later.

After an intense training session with Sean, (where I probably asked 101 questions), my fears quickly dissipated and I can honestly say that although it’s likely to take me a little while to really get to grips with the new interface, I’ve no doubt that this simple system will save me so much time and hassle in future.

And less time spent doing my books, almost certainly means more time with the family and an end to rushing around like a mad woman at quarter-end!

Thanks again and I’m looking forward to working with you again soon.

Mark Gray, Taylor Made Finance Ltd

“Pebbles Bookkeeping have been doing our bookkeeping for the past 2 years. Our Accountant recommended them to us and they are very professional, approachable and knowledgeble in the work they do. We send them our paperwork electronically and manually and they process it all efficiently in a timely manner.

I would not hesitate to recommend Sean and the team at Pebbles Bookkeeping – they do a fantastic job.”