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Step 1
Study the books to determine if your company might benefit from foregoing the services of an on-staff accountant. Many companies find that they can effectively manage their finances through the use of a shared accountant. There are accounting firms devoted to taking on a company's financial needs offsite as opposed to becoming a member of the staff. Hiring a company like this can be less expensive than hiring a full time accountant to keep in the office.
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Step 2
Let employees do the housekeeping. Some companies have chosen to forego the cost of pricey cleaning services and instead take the cleaning tasks on themselves. To keep from forcing employees to take on responsibilities that are not in their job descriptions, participation in the housekeeping chores can be an optional bonus pay job for which employees take turns signing up.
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Step 3
Go paperless. Getting rid of the excess paper that floats around the office by way of going more digital is a gradual savings that can really add up by the end of the year. While it may not be feasible to go completely paperless, you can still eliminate the practice of using paper in the office but rather communicate memos and the like by way of email instead.
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Step 4
Relocate the office. While this won't be a practical solution for every company, relocating to a less prime location can save money--sometimes a significant amount, without losing any business. To further the savings, your company could pursue a government grant to redevelop a previously used site that has long been neglected.
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Step 5
Hire interns. College interns are eager to gain on the job experience and many capable and qualified students sign up through their college or university to participate in unpaid internships for college credit. Contact the higher learning facilities in your area to see how you can participate in their intern programs.
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Step 6
Become a landlord. If there is extra, unused space in the building your company uses, consider modifying the space (according to local ordinances) so that the space may be leased to other tenants.
