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Budget Your Office Furniture & Office Supply Expenses for 2015

December 19, 2014
Budget Your Office Furniture & Office Supply Expenses for 2015

Planning Ahead to Save Money

With the year coming to a close most businesses are wrapping up their books for 2014. While that is an important and often overwhelming task for some organizations, it is also the perfect time to think about budgeting for the upcoming year. Preparing effective budgets rely on obtaining accurate estimates of your expenses. One area you don’t want to overlook is your office supply expense. Depending on the nature and size of your business, you may use large quantities of office supplies or just the basics office supplies.

Projecting Your Office Supply Use

Based on the current year, tally up the total for the various office supplies you have used. Be sure to include all items, from the pencils and pens to toners and paper. If your business uses large quantities of office supplies, having an inventory system in place is a must, and tracking and ordering monthly will streamline your operations. If you don’t already have this in place, consider doing it for the coming year. Once you have estimates for your monthly expenditure you can project it over twelve months to find your approximate yearly cost (adding about 10% to this total will give you room for wastage and growth). With the ease of ordering office supplies online from Crites & Riddell, keeping your inventory stocked has never been easier, or more affordable.

Updating or Expanding Your Business

If you’re planning to expand or renovate your office space in the coming year, take the time to shop around for the best prices on office furniture Montreal.  Be sure to add these costs into your 2015 budget. Updating your office furniture to something more ergonomic is a great idea that can make a big difference on the company’s overall productivity. Used office furniture can be an excellent way to find the perfect fit for your space at a fraction of the cost of buying new. Whether you decide to buy new or used office furniture, call or stop by to get accurate quotes on your furniture pieces. Once you have a solid price, add in your monthly payments to your 2015 budget.

Adding Much Needed Office Storage

While the idea of a paperless office is great in theory, the reality is that we remain inundated with paper. Much of the paper-based clutter can be shredded or recycled, but there are important documents that must be kept. Adding additional office storage systems in the next year will help keep things organized and tidy; which makes doing business more efficient. Budgeting for these types of office furniture will ensure that your office supply expense is kept affordable and manageable over the coming year.


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