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“It’s been a great way for us to keep as lean and efficient as possible. Really, saving on petrol is a no brainer,” he says.
Beyond discounts, the Shell Card GO app allows Eat Up to track fuel expenses for interstate drivers in real time and collate receipts, providing efficiencies for the accounts team back in the office — especially at tax time. “If it’s busy at the bowser that we’ve pulled into for some reason, we can even pay on the Shell Card GO app, meaning we don’t have to go into the petrol station, saving us time, too,” Galea says.
With an Australian based call centre, Shell Card customers have access to local support whenever they need it too.
Repurpose packaging
Krys Charalambous launched an online fashion boutique Modella Clothing while working in a corporate role nearly a decade ago.
While running an online store saves on the cost of having a physical shopfront, there are still plenty of costs that add up.
In a bid to cut costs when transitioning into running the business full time a few years ago, she made the decision to repurpose packaging, which makes her business more sustainable.
“Every business accumulates packaging from suppliers and reusing it is an easy way to save on everyday expenses. It’s an environmentally friendly strategy, too,” she says.
Old bubble wrap is used to protect delicate items in the post, while plastic bags are re-purposed to protect orders. Larger plastic stock bags are also used as postal bags for shipping orders. “These small tactics quickly add up to yearly savings of hundreds of dollars,” she says.
Collect points when you spend
Look for a card provider that rewards you with points every time you spend.
It’s a strategy that has worked well for Catherine Cervasio, who is the founder Australian-made organic skincare brand Aromababy. The points are often used to purchase gift cards, which can be used towards improving office amenities.
“We maximise rewards points by using cards for everyday purchases, to pay utilities and phone accounts and even to pay our suppliers. By building up points, we can use them to purchase airline rewards seats for business travel and pay for flight upgrades, which ensures an improved travel experience, too,” Cervasio says.
Before buying anything for her business, she also searches online for the best prices in printers, copiers, paper and other office supplies, and uses click and collect to minimise time away from the office, improving efficiency.
“We also recycle, reuse and purchase locally where possible, which minimises waste and packaging costs, and reduces are carbon footprint in the process,” she says.
For many business owners, reducing the regularly occurring costs can have a big impact on the bottom line.
Start by setting aside a day and start by looking at how you can reduce your biggest business and work your way through to the smaller expenses.
Remember, saving money in small business often requires a combination of strategies. Continuously monitor your financial health and make adjustments along the way to ensure the long-term health of your business.
It all adds up.
To learn more, visit www.shell.com.au.
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