As your business grows, you’ll likely have more capital in rotation. As you bring in more money, you will also need to spend more to continue growing. 

However, it’s important to ensure that you’re not spending in excess and are still saving money where you can. Otherwise, you may find yourself in the red and facing some exceptionally difficult financial decisions.

Below, 15 members of Forbes Coaches Council share their best advice for business owners looking to keep their operations lean and save money.

1. Observe, Plan And Earn Before You Spend

Understand, observe and become fully aware of your industry and the needs of your business. Learning to optimize your costs takes time, errors, small tests and planning based on the data you collect every day. Ask yourself what you can change or improve in your current cost structure. – Michelle de Matheu, The Mind, Body & Soul Stylist

2. Say ‘No’ More Than You Say ‘Yes’

In a growing company, it is easy to say “yes” to a new product or service, to a client that does not fit your ideal client profile or to a new business category or opportunity. If you want to stay lean, say “no” to anything that is not part of your core. Focus is powerful and leads to extraordinary results. – Chuck Gulledge, Chuck Gulledge Advisors

3. Use A Variable Staffing Model

Staff your business for the valleys and supplement with contractors for the peaks. Too often startups take their funding or early revenue and hire staff too quickly. It’s smart to use a variable staffing model to cover services effectively and find that quality mix of people on staff, on contract or

Millions of people in the U.S. live without health insurance, a circumstance that can cause people to weigh the need to see a doctor against the cost. Unfortunately, many people will put off or do without medical care because they can’t afford it, a decision that could jeopardize their health.

(Getty Images)

While the Affordable Care Act has boosted the number of Americans with insurance, millions remain uninsured. In 2018, 27.5 million people – more than 8% of the U.S. population – were uninsured, according to the U.S. Census Bureau. Private health insurance covered 67% of Americans. Those without health coverage face the dilemma: Where can I go for medical care without insurance?

The Coverage Gap

In addition to the people who are uninsured, millions are underinsured, according to a survey by the Commonwealth Fund. Among people with health insurance, 29% were underinsured in 2018, compared to 23% in 2014, according to the fund’s Biennial Health Insurance Survey: “People who are ‘underinsured’ have high health plan deductibles and out-of-pocket medical expenses relative to their income and are more likely to struggle paying medical bills or to skip care because of cost.”

The survey found that 41% of underinsured adults reported they delayed needed medical care because of cost. By contrast, 23% of people with adequate insurance coverage said they delayed such treatment. Also, 47% of underinsured adults reported medical bill and debt problems.

Tips for Finding Affordable Medical Care

If you’re uninsured or underinsured, here are eight strategies for finding affordable medical care:

1. Research your eligibility for insurance.

Depending on your situation, you might be eligible to buy individual health insurance coverage from the ACA marketplace or in the individual market, or you might qualify for Medicaid, Medicare or the Children’s Health Insurance Program for your kids, says Kim

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / October 13, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) has launched a new guide that presents several effective tips that will help drivers get cheaper car insurance.

For many drivers, paying the monthly car insurance bill can be quite difficult. More and more drivers are wondering if they can save some of the money they spend on insurance. Luckily, there are some easy methods drivers can take to lower their premiums and ensure they’re getting the best insurance rate. With a bit of ingenuity and an understanding of the insurance market, drivers can reduce their car insurance costs and get great coverage without breaking the bank.

To get cheaper car insurance, follow the next tips:

  • Regularly shop for car insurance. Most car insurance providers will change their rates every month. Shopping for car insurance once or more each year can help drivers take advantage of the insurance market’s ebbs and flows. Also, significant life changes like a new job, marriage, or earning a college degree might make the insurance premiums to be lower.
  • Follow all safety rules when driving and avoid distracted driving. It’s essential to stay safe, drive responsibly, and maintain a good driving record. Even one speeding ticket can increase the insurance premium.
  • Keep a good credit score. Insurance companies are allowed to take a look at the credit score to make sure their customers are responsible with money. Drivers with a higher credit score will pay cheaper car insurance rates.
  • Look for discounts. Insurance companies provide discounts for certain types of drivers who are seen as less of a risk. Drivers can get discounts for low-mileage, installed safety features, being a good driver,

The pandemic has raised concerns for many due to the financial complications it may have caused due to the economy, job losses, and for business owners who are dealing with reduced sales levels. The COVID-19 pandemic has caused a lot of financial struggle for people, and unfairly so. But if there is anything to learn from this pandemic, it is to be resilient. And resilient with our finances.

Job lay-offs, or fear of a job loss, have been the number one concern for people. Commonly a primary source of income, you may be concerned about your finances and how to manage your money through uncertainty.

Melissa Leong is one of the best-loved authorities on personal finance, a frequent contributor to outlets such as BNN Bloomberg, author of Happy Go Money and a podcast host.

An expert in personal finances, she is offering four tips on how you can get your finances through the pandemic:

Take stock

You can’t get to your destination if you don’t know where you are. You need to understand where you stand in terms of your finances. Get extreme clarity on your money situation because much could have changed for you even several months ago. What’s your income, and what are your expenses? List your bills and when they are due. Go through your bank statements and determine your needs. Categorize things on a spreadsheet or just put pen to paper.

Get lean

My parents, who were new immigrants, were all about stretching each dollar and living modestly because they believed that they needed to sacrifice today to create security for tomorrow. This pandemic has taught us that the future is uncertain. It’s best to be prepared with some

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