If you run a business from home then you’ll already be aware of the money-saving opportunities it presents; not having to pay rent and rates on another office space, cutting out the cost of the daily commute and even cutting back on what you spend on lunch – particularly if you have one too many lunchtime trips to the pub during the working week.
There are also other ways on which working from home can benefit you, from allowing you more flexible working hours to encouraging you to work more efficiently, particularly if you don’t have to worry about getting stuck in traffic during the journey in.
And there are other ways in which you can make working from home work to improve your finances, so here are some top tips…
Get Ahead In The Cloud
Storing paper files in a filing cabinet not only costs a lot in paper, pins and printer ink, it also takes up a lot of space; something that will be in short supply if you’re working from home.
And storing electronic files on your own server can also bring storage problems, not to mention the added electricity it uses and the fact that you may have to upgrade your computer system.
So it makes sense to utilise a cloud-based storage service, such as Google Drive or Dropbox this allows you to securely store files online and access them remotely from any computer, laptop, tablet or even your smartphone.
Keep Your Systems Secure
Even if your data is stored in the cloud, you need to ensure that your computer’s security systems are up to speed and that your anti-virus software is up to date; if your computer is affected by malware then not only could you compromise sensitive data, it could ruin your system meaning that you have to pay for new hardware.
And you don’t have to pay through the nose for anti-virus software as there are numerous free programs that should do the job effectively.
Be Thrifty With Furniture
Although you can often use existing furniture when working from home, you may have to splash out on some extras to make sure your home office is properly furnished. But instead of buying new, you should look for some second hand bargains on auction sites or free listings sites such as Gumtree or Freecycle. And don’t forget to check the classifieds in your local newspaper.
Buy In Bulk
Look for any discounts when buying essential office supplies, such as pens, paper and printer ink, and try to buy in bulk as this can also save you money. And remember to not print anything off unless it’s absolutely necessary, you’ll be surprised how much this can save you on supplies.
Furthermore, buying in bulk means less trips to the store and will save you money travelling costs.
Be Energy Efficient
You can make significant savings simply by being more efficient with your energy usage; turning off appliances and lights when not in use, not having the heating on full blast (dropping it by just one degree can make a huge difference) and installing energy efficient light bulbs.