When someone is first starting a home based business there are quite a few home business tips that they should follow to be able to be successful and smart with their money. Starting a home business is not something that should be taken lightly. Proper planning can really help someone to ensure that their business will be as successful as possible.
Any money saving tips for saving on supply purchases should be considered when stating a home based business. When someone is first starting their business, they are going to need printer ink, paper, and pens. These are things that many people will spend full price on because they think that they are not a big deal. The office supplies that a small business uses on a daily basis can quickly add up and end up costing the business a lot of money.
A major supply cost to any office is ink for the printers. Large companies usually have a contract with ink companies so that they can get the ink cartridges at discounted prices. Smaller companies are not so fortunate. A great trick of the trade is to have the empty ink cartridges refilled. Stores like Walgreens will refill ink cartridges when they are empty for usually $10. This means that someone will be able to save at least $10 for each and every ink cartridge they refill. They can usually refill color or black ink cartridges.
Paper and pens should be purchased at “back to school” sales. They will be able to get the supplies they need for pennies on the dollar. There are even money saving coupons that a lot of manufactures put out that someone could use to save even more money.
Receipts for all supply purchases should be saved. Any and all supplies that are purchased for the business are tax deductible. This means that someone can have the cost of their supplies lower the cost of the taxes they owe to the government.