Start-up businesses are always the ones who are accused of not being very economically savvy. This view may have been generated off the back of the common belief that most start-up businesses are run by naïve young business people taking a stab at big business dreams. It is, of course, an over generalisation, and not every young business person is ridiculously gung-ho when it comes to over spending and ostentation with business funds. It does remain a sad fact though, that far too many small businesses are run by people who don’t have a firm enough grasp on cash flow, and even though they do work hard, their lack of experience lets them down.
Big, established companies should have their act together when it comes to this sort of thing, but unfortunately, this is not the case. Big companies are spending thousands of pounds a year on things they don’t need! It’s usually bureaucratic processes that make company policies a lot less streamlined than they should be and a lot of time and money is wasted because of this.
One thing companies of all sizes are guilty of though is not making sure they trim the fat where they could. All business owners need to be constantly looking at their accounts and analysing every single outgoing to make sure it’s, first of all necessary and second of all the best price they could be paying for that commodity. Energy is the first thing all organisations should be looking at. There is a multitude of online comparison sites that help households save money and the comparison stage of renewing energy contracts has become engrained within our society. Why is it then that this practice is rarely mimicked within the business sphere?
The first thing you need to look for is a completely unbiased company, one that will give you the truth when it comes to how to make your energy bills cheaper, the last thing a start-up business needs is a company bending the truth. Make It Cheaper are an online comparison site specifically designed to help new businesses through the comparison mine field. In the year of 2010, smaller UK businesses saved over £40 million thanks to Make it Cheaper and their advice on gas prices and electricity prices. The free and easy service is now receiving up to 3000 calls per week from SME’s from all over the country looking for the same type of advice.