A Small Business's Expenses & Sustainability
Back
in 2018, I made the incredible life decision to purchase my
shop. Since then I've been taking care of small maintenance
problems that I was aware of around the time of my purchase. At the
begin of 2019 I drove back and forth between Philly and my
shop. Which meant keeping an eye on heat costs and a few roof leaks
from afar. Now that I'm closer to my shop and I had a chance to take
care of some of the things. The
first thing I did was look at the electrical system. To be more
energy efficient I put the money down to upgrade to LED's. Removing
all ballasts helped, still I have a ton of plans to improve my
efficient. For starters getting off
the grid which a neighbor currently is doing. Since electricity is my
biggest expense at the moment its the first thing to be upgrade.
Managing a web host company really only costs two things,
electricity and internet. Luckily electricity isn't much but its
where I can save the most.
The
shop doesn't look like much but for now my costs are less anything
for me to worry about within a year and my income is kinda random but
still profitable. As long as I'm within my margin for the year of
2019 I will have more then enough for the years to get ahead without
any problems. Still figuring out that leak though...