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...

Steve Price, BWP Inspire

“We have now been working alongside you with various clients. In some cases, we have introduced you to our clients and in other cases you have worked as part of our team. Every time we have brought you in you have done a great job. We now see you as an extended part of our team. You have proved to be professional, flexible and above all competent in getting the work done. We would not have any hesitation in recommending you again, and we look forward to working with you more in the future.”

Nick Aldrich, Only The Brave

Only The Brave have used Pebbles Bookkeeping for a few years now and we treat them instinctively like an integral department of our business.

I have worked with Sean for over two decades in my previous businesses and when Sean and Diane went on their own it was a no brainer to get them involved with our day to day accounting.

Pebbles manage our bookkeeping, expenses, credit control and PAYE and have a keen eye for detail and help us spot important financial matters before they become issues.

Their integrity and honesty are unquestionable and as a result, Pebbles are an asset to our business and will continue to work with us for many years to come.

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.

TecCre8 Ltd

“We began to relinquish our bookkeeping tasks to Pebbles Bookkeeping in September 2020, following our meeting with Diane Huxley to discuss our requirements. We signed up with Diane immediately. We have all built a quick rapport with Diane and it’s good to know that we have her support and expertise at the other end of the phone.

Pebbles Bookkeeping is a perfect fit for our company and liaises seamlessly with our accountant. It is our pleasure to work alongside them.”

Lisa Heggie, The Gunnery

A massive thank you to Diane at Pebbles Bookkeeping & HR. You took the huge stress away from where do I start, with employee policies etc. You have created us a great, informative employee handbook, covering all necessary policies and risk assessments in a matter of no time and from the other side of the world too. I will definitely be in touch for any future help our company needs.