Cost-saving strategies for small-business owners

07/2/2013 |

Starting a small business can be a costly proposition, but there are certain strategies you can use to minimize the expense, Zoe Maldonado writes. It's important to keep track of all costs and list everything you will need to get your business off the ground. Also, hire accountants and other contract professionals who can provide valuable services, she recommends. "[T]he value they add to your business comes at a reduced cost -- you only hire a contractor for as long as it takes to get the job done, and you don't need to pay their social security taxes or offer them benefits such as paid time off," she writes.

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