Monday, November 26, 2007

Day 9 - Save on travel expenses

Often, you have to travel to make a sales presentation, technical presentation etc. You can make a video and email it to many more receipients than travelling to each. This not only saves time,but improves effectiveness and reach."Camtasia"is a great software tool for video capture. I understand that Version 3 is now available free. Search for Camtasia and you can get to the website where all download details are available.

Day 8 - Interest savings on Bank account

Check this one out. With the prime rate where it is, if you have a Canadian bank account here is how you start earning interest - Banks pay upto 3.75% on daily balances. There is a minimum limit and a maximum limit. If you are having any kind of balance at all , in your business checking account, talk to your banker and ask how you can earn interest on daily balances

Tuesday, November 13, 2007

Long distance charges - Day 6

Business executives ravelling in US/Canada incur long distance and roaming charges of around $1.70 per minute. There are specialized agencies that rent cell phones at $0.17 per minute, almost at 10% of the cost.In order to be cost effective, the spend needs to be around $350 per year.

Friday, November 2, 2007

Customs duty - Day 5

Verification of classification for customs duty.
There are Consultants who verify all paymenst with the latest regulations
Strict confidentiality “Pay by results” they share in the refunds after you receive the refunds
No savings – No fees
So, without any cost or work, you can get it checked.