Monthly Expenses Your Business Can Do Without

by Dec 30, 2021

Get 60% off the ‘Secrets of a Six Figure Freelancer’ ebook today

One of the most difficult parts of running a business is balancing your budget and making sure you have the funds you need to get things done. There are some monthly expenses that are absolutely essential and need to be a part of your monthly budget. On the other hand, there are also expenses that many businesses pay for each month that aren’t really necessary to making sure that your business is as successful as it should be.


It’s likely that there are some software expenses that you will need to pay each month or purchase upfront. But there are other software needs that can be met with free options that are still amazing resources for your company. If you are feeling like you might be spending too much on your software, it may be time to look around and see if there are free software options available that can actually help you to do even better with your daily tasks. If you can find free versions that get the job done, it can save your business a lot of money.

A Phone Line

Some businesses are still using a landline or mobile phone to take care of calls. This option is expensive, and it is usually totally avoidable since you can make calls over the network using your internet connection. VoIP makes it easy to make and take calls using just the internet. So if your business still is paying for a landline and internet, it might be time to make the switch and close your landline. You can often even use the same phone number for your VoIP calls, so the transition can be incredibly smooth.

Missing Deductions

It’s important that your business is thorough in filing taxes and that you take advantage of all the deductions you are qualified for. If you aren’t doing this, you may find that you are spending more on taxes than you should, and that can land you in financial trouble if you don’t rectify the issues. It may seem like an added expense to hire an accountant, but they can help you to file your taxes more effectively so you don’t spend unnecessarily.

Taking care of your business is important and balancing your budget is a huge part of that. Take time to look through your budget and figure out what extra expenses you may not need to spend on. That will help you to decrease your costs and keep things running as well as possible.

Ready to start your consulting business? Grab my book and get started today! 

Other Posts You Might Like

Resources Every Business Owner Can Benefit from Utilizing

When you’re running a business, it’s important to be aware of the resources that can help your business be more...
Read More

How to Be a Tech-Savvy Small Business Owner

When you run a small business, every skill you bring to the table is going to be a major benefit...
Read More

How to Shield Your Reputation From Harm

A brand’s reputation is its lifeblood. In the highly politicized, constantly digitized and online society of today, it becomes more...
Read More

The Most Important Numbers You Need to Know in Your Business

If you don’t keep track of the finances in your business, there is a lot of room for error. It’s...
Read More

Important Accounting Tasks You Need to Get Done at Your Business

If you want to run a successful business, you absolutely need to keep up with your finances. Your financial abilities...
Read More

How to Keep Everything at Your Business Organized

One of the most important and underrated parts of running any successful business is the organization that goes on behind...
Read More

Types of Investors That Will Buy Your Business

When growing and building a business from the ground up, there are several different ways that you can make a...
Read More

How to Handle an Influx of Clients

Any business can experience times of growth and times of stagnation. And when you are experiencing growth, your first response...
Read More

How to Improve Client Satisfaction

Making clients happy from the start of their journey is important to keeping them long-term and to their success. All...
Read More

How to Keep Up With Your Competitors

As a successful business owner, your first priorities are on doing quality work and serving the needs of your clients....
Read More

Hi, I’m Kate

Hey, I’m Kate! I’m a designer, digital nomad and founder of Six Figure Freelancers – I love to help talented tech pros start businesses.

Work with Me

Get The Book

AppSumo badge

Featured Post

Pin It on Pinterest