The 5 Biggest Money-Saving Opportunities for Small Business Owners

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If money is the fuel of business, then most business owners are driving with leaky gas tanks. These five money moves are designed to increase your cash flow and patch those leaks—so you can keep and leverage more of your money.

Here’s what you can do:

1. Save on business phone costs

Did you know that most businesses are paying $1,234 on phones per employee annually?1 That’s $1,054 more than you’ll pay per employee if you switch to Dialpad.

Dialpad’s Standard plan comes in at $15 per user per month―a surprisingly competitive price. It includes unlimited calling and texts, along with handy features like an auto-attendant and custom call routing rule.

On Trustpilot, Dialpad has an impressive 4.8/5 user score. Clients praise its excellent customer service, ease of use, and consistent cost savings.

You can try Dialpad free for 14 days—plenty of time to see the benefits and savings that its customers are raving about.

2. Spend less on credit card processing fees

We all know that credit card processing fees are too expensive. You do all the hard work and they take 3% of your revenue every time someone swipes their card. How is that fair?

But, did you know there are platforms that will charge you up to 40% less for the same service?

Stax is one of our favorites because they’ve figured out a way to cut fees for businesses while still providing timely payments. You can even choose to pay a flat fee each month to have more predictability with your costs.

That’s probably why more than 12,000 businesses have already switched to Stax and why they were recently ranked the number one credit card pricessor in the United States by Money magazine.

If your business is spending too much on credit card fees every month, spend five minutes to see how much you can save with Stax.

3. Improve customer and client retention

Too many businesses get overconcerned trying to find new customers instead of building loyalty with the customers they already have.

Customer relationship management (CRM) software gives you more power to retain and manage your current customers. You can leverage CRM data to defeat sales decline, mitigate client attrition, and increase customer loyalty with perfectly timed marketing campaigns.

Zendesk Sell is a top-of-the-line CRM—and for good reason. Users love its advanced and comprehensive features. In fact, Zendesk Sell is sitting pretty at 4.3/5 user score on G2.

Zendesk has over 100,000 customers in 160 countries and territories, making it a great choice for local as well as global businesses. Plus, its customer relationship automation tools make Zendesk Sell a cost-saving service for small businesses everywhere.

The sooner you start, the sooner you save.

4. Simplify your payday process

Payroll is a total headache that eats away at your precious time. Don’t burn your mental resources navigating legal compliance, automate your payroll process with software instead.

With OnPay, you can pay your employees in a timely, accurate, and legally compliant manner. It offers an easy way to automate pay day, increasing accuracy and saving you time.

Best of all, OnPay is loved by users across the internet. It has a combined score of 4.8/5 when you add together reviews from TrustPilot, Capterra, and G2. Users love its customer service and the peace of mind it offers for those worried about legal compliance.

Compared to the alternatives, OnPay is as good as it gets. If you want affordable, user-friendly software for your small to midsize business, OnPay payroll is a great way to go.

5. Eliminate banking costs

If you’re still paying for a bank account in 2022, you’re being ripped off. You’re also missing out on the flexibility of modern banking—it’s time to switch.

With online banks, it doesn’t matter if you open a location in another state or if you relocate your photography business; your bank can follow your business wherever it goes. Plus, online banks are often cheaper than traditional banks and offer free online checking accounts for small businesses.

Lili offers some of the best tools we’ve found in a business bank. All users get a tax bucket and expense management tools. Paid users can get even more tax tools, invoicing creation, and other great features.

Lili has been featured on Forbes, Fast Company, Tech Crunch, and The New York Times. It also has a 4.3 on Trustpilot.

And since Lili earns very positive reviews from users, we think you’ll like all Lili has to offer.


  1. Samsung, “Maximizing Mobile Value.” Accessed May 11, 2022.
Andrew Mosteller
Written by
Andrew Mosteller
For four years, Andrew has been writing copy to help business owners expand, manage, and advertise their unique brands. His upbringing in an entrepreneurial family nurtured a passion for small business at a young age. Andrew’s father, an equity fund manager, taught him the ins and outs of investment financing and owning and operating a successful business. Now he brings his expertise and experience to entrepreneurs as a regular contributor on
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