Have extra inventory? Try selling it on Ebay. Many companies have given up having online discount stores in favor of selling on an online auction service. One person assigned to listing auctions may be able to move mountains of inventory that have been gathering dust.

Think outside the box. Don’t always try to solve money problems by standard corporate procedures. Test new suggestions for saving money. Reward employees that suggest ways to save money. If the owner or CEO of a company sets a positive example for cost savings, most employees will follow the example.

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