January 27, 2011

Creative Challenges to Curb Polymer Clay Flowers Business Expenses

Creative Challenges to Curb Polymer Clay Flowers Business Expenses!

When growing your business, there are ways to curb expenses without sacrificing quality. They key ingredient, Creativity and fortunately, as an miniature flowers seller, that just happens to be your specialty. Here are some of my favorite nontraditional ways to curb expenses on polymer clay business.

Virtual Cocktails, to be successful as an entrepreneur, it is essential to collaborate with mentors, prospective business partners and potential subcontractors. All of this grab coffee, lunch, a drink and talk about it. Enter, the virtual cocktail meeting with Skype. Treat it like you would a face to face meeting, schedule it in advance and decide whether it is going to involve coffee or a spirit of your choice. One distinct advantage of virtual cocktails is that they can happen in the comfort of your own sweatpants. What is not to love, Plus, think of the money you just saved.

Challenge 1, Schedule your first virtual video date. We know there are lots of people you should be collaborating with. What are you waiting for,

Find Power in Numbers,

Speaking of polymer clay supplies networks, you likely have friends and associates that do exactly what you do. You can share something together such as service providers, which helps us keep costs down as we can negotiate in bulk. Next time you call a hosting company, say, If I brought you another customer, could you give me an additional discount. So find your power posse and source services together, everyone wins.

Challenge 2, Tap into the power of your polymer clay network, organize a small lunch or video chat meeting with 3 or 4 people for friends in your field. Ask everyone to come prepared with info about their best service providers, what services they need, and their budgets, then brainstorm about how you can help each other right now.

Hire A Bookkeeper

What, SPEND money on a bookkeeper. Yes, that is exactly what I am saying. A skilled and savvy bookkeeper could save you thousands of dollars by helping you separate your bank accounts, save appropriately for dollar quarterly estimated taxes, and stay on top of payment collections.

As an polymer clay flowers entrepreneur, the wisest thing you can do is surround yourself with friends who do what you do. Before you spend money on anything, ask them whether it is a fair price. If you run into a problem, go to your friends again and ask whether they can help you solve it. I have no less than four people in my power posse, as I refer to them, and they do not just help save me money, they keep me sane.

Challenge 3, Take an honest inventory of your bank statements, mark where you know you are spending too much and where you think you could be generating more. If you have a clear idea of where you stand, you will be motivated to take the next step.

Successful miniature flowers business
Text by daniellexo



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