2016-12-15 00:00:00 Budgeting English Look at tips on how to save money on office supplies. Review ideas related to saving on purchases and using fewer office supplies. https://d1bkf7psx818ah.cloudfront.net/wp-content/uploads/2017/03/08214557/Reduce-Office-Supply-Budget-By-Claiming-Tax-Deduction.jpg How to Reduce Your Office Supply Budget

How to Reduce Your Office Supply Budget

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Seemingly small expenses such as office supplies can add up and eat into your business revenue. If you want to safeguard working capital while still keeping your office functional, take a look at these tips on reducing your office supply budget.

  • Replace reusable products with durable ones; it is an initial investment but offers long-term savings.
  • Do more digitally or in the cloud to cut down on paper and pens.
  • Buy last year’s models of printers or other office hardware.
  • Join a loyalty program for discounts at a local or chain office supply store.
  • Remind employees not to take office supplies home.
  • Track all expenses so you don’t miss even a small tax deduction.
  • Review expenses on a regular basis to identify and cut down on waste.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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