Consider non-cash ways to make purchases. Credit-card rewards programs and frequent-flyer points can be effective cash substitutes.And with the The Gold Card from OPENSM, it’s easy to earn these rewards from your budgeted business expenses. By putting all your monthly bills on your Card — wireless, phone, electric, shipping, cable, internet — you can watch your Membership Rewards® points add up fast, and you can put more back into your business by redeeming for flights, office supplies, and much more.
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Trends & Insights
AdvertisingMay 15, 2008
Turn Your Fixed Expenses into Business Rewards
Turn Your Fixed Expenses into Business Rewards
Summary
To prevent cash shortages, the best defense is a good offense, so get serious about minimizing fixed expenses. A company should be big enoug
To prevent cash shortages, the best defense is a good offense, so get serious about minimizing fixed expenses. A company should be big enough to cover only its most predictable, recurring needs. Find creative ways to handle peaks in demand without hiring additional staff; outsourcing and finding interns are good strategies for “right-sizing” and minimizing cash needs.
Consider non-cash ways to make purchases. Credit-card rewards programs and frequent-flyer points can be effective cash substitutes.And with the The Gold Card from OPENSM, it’s easy to earn these rewards from your budgeted business expenses. By putting all your monthly bills on your Card — wireless, phone, electric, shipping, cable, internet — you can watch your Membership Rewards® points add up fast, and you can put more back into your business by redeeming for flights, office supplies, and much more.
Consider non-cash ways to make purchases. Credit-card rewards programs and frequent-flyer points can be effective cash substitutes.And with the The Gold Card from OPENSM, it’s easy to earn these rewards from your budgeted business expenses. By putting all your monthly bills on your Card — wireless, phone, electric, shipping, cable, internet — you can watch your Membership Rewards® points add up fast, and you can put more back into your business by redeeming for flights, office supplies, and much more.
