We all know that when it comes to owning a business, you want your Connecticut business to be as profitable as possible. In order to do so, we have to practice “smart spending,” or putting our dimes and nickels into where it really counts for our businesses to grow. While this is very important for the future of your business, it’s equally as important to take a look at where you could potentially save some extra dollars, so that your business can be more profitable. Today, we wanted to give small business owners everywhere a few of our best tips on how you can save some extra money so that your business can thrive. After all, we love to support shopping locally here in Stafford as well as throughout Connecticut, so let’s do our best to put small businesses back on the map.
Lower the Cost of Debt
Debt can build up fast if you let it, but not if you have the right strategy about paying it off. When it comes to debt, the way you can save money is to avoid interest in whatever ways possible. Our advice is to list out all of your debts that your company owes, then work on paying the minimums on the lower cost debt, and focus more on paying the debt that has high interest rates.
When it comes to vendors, you should always check up with at least three vendors for products or services your company needs to purchase. By having multiple options, you’ll be able to shop among your choices for the best bid, which will make the negotiation process a lot easier to manage. Remember, not all deals will come through in the end, but you never lose anything by trying.
Prepay Your Expenses
This is something a lot of business owners may not have considered, but you can actually save money by prepaying for your business expenses. By paying for your early year expenses the previous December, the expenses will fall on the previous year’s taxes instead, and that will allow you to take the deduction for those expenses twelve months earlier. Not to mention, if you use a credit card to pay your expenses off, the transaction likely won’t hit your account until the new year anyways. It’s smart spending folks!
Yes, make the digital shift with your business. While it may seem trivial, “going green” is a great way to cut down on office expenses overall. Not to mention, you’re doing mother nature a huge favor if you can make your business go paperless! You can also look to save energy in the shift of going green as well, and that will surely help your business expenses as a whole. This will take some creativity, but it is surely achievable.
There are services that your business simply cannot go without, but in order to save money, you can bundle those expenses. Things like internet, phone, fax, and cable if need be, can all be bundled into one bill to help you save money. Likewise, if you run multiple businesses, you can also bundle your insurance expenses as well.
There are plenty of more ways that you can save money with your Connecticut business, you just have to add an extra touch of creativity or research to help bridge the gap. If you can think of any other ways that your business can save money that we didn’t already mention, we’d love to hear about it in the comments section below!
We recently have hit a statewide drought advisory for Connecticut’s current water condition. This means that moving forward this summer, the conservation of water will be incredibly important. While this is our current water condition here in Connecticut during August of 2016, the state of water condition may change. For live updates, you can always check the U.S. Drought Monitor directory for more information.
There could be many negative effects of drought if things were to get serious. Economically, farmers could lose money from destroyed crops, businesses that depend on crops/livestock could suffer, businesses with boating/fishing equipment may see a decline in their numbers, and water companies may have to spend money on new or additional water supplies. Don’t worry though, we’ll always have your back if you have an issue with your water. A drought could also affect the environment as well though. We could see the loss/destruction of wild fish habitats, some wildlife migrating, increase stress on endangered species, poor soil quality, and more.
Droughts generally speaking result in a lack of rain or other forms of precipitation, and by now, we’ve all experienced the lack of rain first hand. Here in Connecticut, we haven’t seen any water precipitation with the extreme temperatures we’ve seen lately, but hopefully it won’t last too much longer for the sake of our state. With the weather being against us recently, it’s incredibly important that we begin to conserve water, as you may have already seen in the news.
So what can we do? Well, as we mentioned, water conservation is incredibly important. Here are some ways that you and your family can practice water conservation to keep Connecticut in a good state for the time being:
Take baths instead of shower, or have a shower bucket.
Turn off the sink when you brush your teeth and/or wash your hands.
Don’t flush the toilet over excessively, only when you need.
Fix any leaks in any of your plumbing.
Re-use liquid to boil pastas.
Take shorter/faster showers.
Don’t run a dishwasher and/or washing machine unless they’re completely full.
Access your water in early morning (the cooler temperatures will mean less water evaporation and you can store it for later).
Fill up your sink with soapy water when hand watching an excessive amount of dirty dishes.
We hope you practice safe water conservation, and if you ever have any troubles with your water, give us a call any toll free at 1 800-642-0420.
The Ground Source Heat Pump Market’s New Standards
That’s right, there’s a new standard in place for ground source heating water pumps, and it’s good news for everyone.
“A binational standard for the design and installation of ground source pump systems for commercial and residential buildings has now been published by CSA Group, a leading American National Standards Institute and Standards Council of Canada accredited developer of standards, codes, guidelines, and personnel certification programs.” – Water Well Journal
Long story short, this standard is official, and came into place after stakeholders everywhere called for the standardization through a neutral third party, to set guidelines for installation and design of these ground source heat pump systems. But what does all this mean exactly?
Well, for the water experts, it means that we have new standards to follow when dealing with these types of systems. These standards are meant to “harmonize the differences between existing resources, simplify referencing in regulations and contract, incorporate the latest advancements, clarify compliance using standards language, and provide credibility through an accredited neutral standards development process," as also stated by the Water Well Journal. Not only that, but both the NGWA (National Ground Water Association) and the IGSHPA (International Ground Source Heat Pump Association) have taken the initiative to enter an agreement, specifically a signed memorandum of understanding, which will strengthen the relationship between these two organizations to support the new standards for ground source heat pump systems.
So what does this all boil down to for you, the customer? Essentially, these changes are a very good thing for anyone that has a ground source heat pump system. The process will be safe, streamlined, effective, and efficient. With new technology coming into play, regulations in place, and standards that set the tone for the work that needs to be done, we can assure a job well done by making these things a requirement for any and all professionals dealing with these types of systems. The water industry has once again taken another step forward, and we expect it to continuing to make these types of advancements moving forward. Aqua Pump has already taken the initiative to incorporate new trends and technologies into how we conduct our business, and when it comes to any and all things water related, we are here to help.
To learn more or ask about your water system or water supply, concerning any problems and/or issues or questions you may have, feel free to give us a call at 1-800-642-0420!
We live in a day and age where technology makes rapid progressions, and for the water industry, that’s no different! We’ve seen a lot of new technology hitting our industry in recent times, and that allows us to solve your problems either quicker, more efficiently, or more easily. The water industry is thriving, and is positioned on several ongoing trends, one of which is predominantly the evolution of water technology, even right here in Connecticut.
Let’s take a look at how these changes have affected our industry more recently, one of which is the development of the VFD, or a variable frequency drive. Prior to the development of this device, water motors and pumps were started by a QUD, also known as a quick disconnect. The quick disconnect was only made up of two parts, being a relay and a capacitor. Nowadays, the QD is being replaced by the VFD, which is made up of several of hundreds of components that allow the VFD to do the same job, but more efficiently. Although both of these devices are used to start the motor and pump, you’ll notice an immediate difference in the constant pressure of your water if you install a VFD, and trust us, the pressure is great compared to the QD! By using a VFD, we can get your water pressure almost equivalent to that of city water, even if you have a private well at your home.
Aqua Pump has taken the initiative in implementing new technologies in how we service our customers, because we want to provide the best possible solutions for any and all water related issues. By implementing this new technology, we are adapting with the trends of the industry, and have even taken the time to hands-on train our employees on how to technically support this new technology as well. If you’d like to see how new technology in the water industry can help you, give us a call here at Aqua Pump with any questions you may have at 1-800-642-0420.
To keep up with changing trends in the water industry, check back on our blog again next Thursday, where we will go over the changes in residential wells!
Here at Aqua Pump, we believe in providing fresh water solutions for the local residents here in Stafford, as well as all throughout Connecticut. There are many things that can factor into water not being fresh, clean, or properly maintained, but you can leave that to us, the professionals in everything pertaining to water!
Here’s the thing, you could have hard water, iron in your water, pH issues with your water, or there could even be manganese in your drinking water, and there’s a good possibility you may not even realize it to begin with. If you have any concern about the quality of your water, we are here to help.
To learn more, visit our homepage, or check out our about page as well! When it comes to any water related issues, you can count on the professionals here at Aqua Pump to help out!
Are you looking for a Connecticut Certified Operator and located Thompson, Woodstock, or Suffield? If your looking for a certified operator anywhere in Connecticut we have your solution. We have multiple licensed Certified Operators, distribution system operators, water treatment plant operators, and plumbers to help you with any questions or work you need on your water system. This is just another way we can help you with your Connecticut Well Water