3 Cost-Saving Business Ideas For Startups To Try Out

Have you always had a dream business which you wished could turn into a reality? Or is there a new business idea you’ve wanted to try for some time? No matter the reason – the risks, lack of seed money, and list of costs you’ll have to incur can make it hard to achieve your goal.

However, this is when you should stay persistent and pursue your goal. Times have changed, and if you have a concise plan, a little bit of research and homework done – your dream business is within arm’s reach.

So, let’s look into the different tips that’ll help you save on expenses.

Start off with used office essentials

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As a fresh startup, going for second-hand office essentials such as furniture and equipment can help plenty. They’re relatively more affordable than new ones, comes pre-assembled, and all set for pick up. Moreover, you may even be able to choose those of higher quality brands.

Especially if you are someone who likes customising and decorating – you can even let your creative juices flow and start designing. And this isn’t just limited to office furniture and equipment. At Work+Store, we provide round-the-clock accessibility so you can enter the unit whenever you desire and decorate to your heart’s content. All workspaces and self-storages also come with 24-hour CCTV surveillance so you can always keep an eye on your unit. We have the cheapest self-storages which come with all-inclusive rates as well, so you need not worry about any additional utility or facility charges.

Consider outsourcing

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Unlike established businesses with sufficient manpower, startups may not have enough staff to handle every single task at hand. In addition, it can be difficult to hire additional employees because of the salaries incurred.

That’s when outsourcing comes in to lend a helping hand. Consider the tasks which your staff does not have experience in yet, minimal supervision, and its significance – all these will determine whether you should outsource your tasks or not.

Try an alternative workspace

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These days, an alternative workspace such as a self-storage is being used by many businesses – especially startups. There is no need for you to search for another separate storage space, and neither will you be spending additional expenses. Instead, both storage and workspace are already located in one fixed place, you don’t have to travel to and fro buildings constantly. Moreover, this type of budget business space helps to make goods procurement much more efficient and make logistic processes easier to handle customers’ needs.

If you want to try out this new concept – you can look towards our range of storage spaces at Work+Store. We provide the cheapest self storages in Singapore, which vary from 6 sqft to 730 sqft, while our workspaces start at 88 sqft onwards. As for our workspace rental, they are also furnished with basic facilities – such as a powerpoint, air conditioning and lighting to meet your business requirements. If you’re looking towards our workspaces, you can also choose from a total of 10 locations across Singapore – namely Kallang, Pasir Panjang, 72 Eunos, 100 Eunos, Bukit Merah, Upper Thomson, Ang Mo Kio, Tampines, Bartley and Aljunied. Consider our Aljunied location as your next option if you’re nearby as it’s currently having a rent-free promotion to help you save more. Reach out to us for more information. Terms and conditions apply.

Starting a business from scratch is never easy and can build up to a huge amount. It’s important that you follow a few cost-saving tips to help you save for future business expansion.

If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at space@workstore.com.sg for more information!