Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Cutting Costs

Business Exchange

Real cost-saving strategies for small businesses are based on realism and execution. For example, for online companies that receive limited office visits, spending a large portion of their budget on office space and furniture wouldn’t be the best use of their money. Likewise, companies that are inherently computer-savvy should maximize their computer spending by building their own instead of purchasing the most expensive boxes. The same goes for telephones. Consider using Skype, which integrates both VoIP and chat, or other Internet phone coverage whenever possible.

However, the biggest expense in service companies is people. Hiring great people is the most cost-effective thing a company can do. Seek out and hire people with multiple skill sets and an entrepreneurial attitude. Also consider the “flat world” approach — having employees who work from home offices around the country or world. They are just as valuable and lower overhead costs.

Steve Mansfield


iLOR &

Lexington, Ky.

blog comments powered by Disqus