Sunday, September 16, 2012

This Is Why You Should Go Paperless




You may have heard of paperless offices.
If you haven’t, you’ve lived under a tree!
So why should you make the plunge into paperless?

There are a plethora of reasons (bear in mind that a paperless office can still print things out. The point though is to avoid this as much as possible. A lot of owners get scared that “paperless” means there is no other option.)

1. Saving money: You can save upwards of $100,000 a year by going paperless because you avoid paper costs, receipt paper costs, printing toner, mailing costs, and storage! That amount can be the difference in a business still running for another month sometimes.
2. Protecting yourself: This is in the case of receipt paper. A lot of people don’t know this, but receipt paper contains high levels of BPA and BPS. These chemicals are bad for your health as they cause cancer, diabetes, obesity, etc. Imagine your staff being exposed to cancer causing chemicals every single day!
3. Marketing: If you go paperless you open up a new venue of marketing. Typically paperless systems integrate a lot more email into the routine. THIS IS FREE MARKETING GOLD! When you get a client’s email you have all kinds of opportunities to increase revenue.
4. Improve accounts receivables: Surveys find that businesses who accept payments electronically are normally paid within 10 days versus 27 days for all other forms. Every owner I’ve dealt with wanted their money ASAP. Obviously electronic is faster because who carries checks?...........................Plus,
5. Reduce the amount of bounced checks: Back in 2000 it was estimated that 731 million checks would bounce for various reasons. Don’t get caught in that statistic having to chase a customer down! With a credit/debit card payment you find out right away if it is good, not days later! Plus people nowadays like the convenience of it. I rarely carry my checkbook.
6. Store records on a hard drive not a hard cabinet: A computer can take up inches and hold billions of records while paper takes up cubic feet! Find your transactions in split seconds, not minutes or even hours. Plus, if you pay for bookkeeping, it will save you money being able to present your records via email or USB rather than a folder (accountants hate folder files)

I could go on longer, but you might run out of paper………………………

Seriously though, get with it. There’s nothing to be afraid of. Change is good!

I hope these tips help your business grow!
PS – They will.

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