By Nicole Hanks

Associations always have had to do more with less. During these difficult times, associations have even less when it comes to finances, but still need to produce the same — or better — results. How do you accomplish that?

1. Do business locally. Small business is the backbone of America. These companies have the ability to negotiate, have better credit terms, and willing to go above and beyond for your business. Additionally, supporting your local businesses is crucial to their long-term economic successes.
2. Ask for a better rate. Call your service providers and ask if you have their best pricing plan or re-evaluate your current plan. If they say “Yes”, ask them if that’s the best they can do. The worst thing that they can say is “No”!
3. Go Green. The buzzword may sound cliche, but it truly can save you cash. You may have thought of changing your lightbulbs at home, but making the switch at the office can save you some green, as well. Unplugging items in the office, turning up the temperature when staff isn’t there and having your computer in hibernate mode will save you more than $500 per year!

Taking little steps here and there can all contribute to saving you money in the long run. I’m sure everyone’s tired of hearing about the “rough economy” and “the recession,” but the reality is that things will turn around eventually. Make cutbacks now and when the upswing (finally) happens, you’ll reap the benefits.