Winter is that time of year when everything seems just that much more expensive. And on top of that, you’ve then got to spend more money on things like gifts and travel to spend time with loved ones. When running a business, it can be especially hard in the winter as your energy bills increase and your staff are rushed off their feet. Sometimes money can be quite hard to come by, which is why some owners like to look at taking out loans for small businesses. But there are ways that you can increase your cash flow and lower your bills at the same time. So, keep reading and find out how you can maintain and reduce your business bills this winter.
Be Smart With Heating
The first thing you need to do is be smart with your heating. Don’t leave doors and windows open for customers, as all that energy is just being wasted. You’ll then feel as though you have to turn the heating up even more to cover what was lost, forcing your energy bill through the roof. Make sure that you always close any doors and windows that could let the cold air in and the warm air out, and you’ll definitely see a reduction in your energy bills. It’s also a good idea to turn the thermostat down just a little. Instead of having it at a high heat for short bursts, have it slightly lower but leave it on for longer. This will actually be a lot cheaper for you and keep the rooms at a nice even temperature.
Compare Energy Suppliers
Energy suppliers are important when it comes to reducing your bills. You want to make sure that you will be able to use the power to choose electric plans and that you’re getting the best deal for your business, especially during the winter. If you’re able to swap without incurring loads of charges, be sure to compare them first and see which tariff will be beneficial. There are probably going to be lots of good deals on in the winter, as energy companies know that that’s when businesses like to shop around to try and reduce their bills. So, why not see if you can change up your energy supplier and really lower your bills?
Drafts are awful things for your bills during the winter, as all they do is let your heating out and the chilly winter air in. Spend some time going around your premises and seeing if there are any drafts or cracks in windows and doors. You’ll be surprised at how many there actually are! You’ll need to get them fixed, and you can find plenty of DIY kits online that will help you repair them. By fixing any drafts, you’ll be able to save much more on your heating and find that you can turn it down or have it on much less.
Because you’ll most likely be extra busy during the winter, you may be tempted to order more than usual when it comes to stock. However, it’s super easy to overorder and end up wasting a bucketful of money. Instead, try to forecast accurately and use that as a guide when ordering. This way you won’t end up with loads of left over stock in the new year, nor will you have wasted all that money on stuff you can’t budge. So, make sure that your ordering is in line with your predictions, and you’ll find it much easier to maintain your bills.
Bills are hard for a lot of businesses in the winter, but these tips show you just how easy it can be to lower and maintain them. Simple things like changing energy supplier or fixing drafts in your building can make a massive difference. So, if you want to really save some money for your business in these colder months, be sure to take these top tips on board. The savings will mount up in no time!