Have you checked your business expenses lately? There is no doubt that if you take a closer look there will be silent business expenses costing you money! Tracking expenses for small business is an important task to ensure that you’re not overspending. One of the quickest ways businesses rack up unnecessary expense is through business subscriptions, business communication apps and business software subscriptions.

Business software for small business can be a huge silent money eater so if you’re looking for how to cut costs in a business then take a look at the apps and software that you have subscriptions to and see what you are using and what you are not using. Perhaps you need the software but you don’t need the level you’re on. Consider a downgrade.

Record keeping is a great way of tracking expenses for business. Go over those records and take note of what you are using and not using. Consider a system for software management that allows you to review and take action on the things you are no longer using so you can make great financial decisions within the business.

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Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

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