Don’t let earthquakes – or other crises – shake up your small business budget

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The year is young, and already North Texas has experienced a dozen earthquakes in 2015, according to CBS News. While the quakes have been relatively minor – and the damage minimal – for small businesses even a minor disruption can impact the monthly budget. One office wall cracked or window shattered in a tremor can throw off your budget, especially if your business insurance doesn’t cover earthquake-related damages. Breaking your budget in a single month can affect your bottom line for the year.


While there’s nothing you or anyone else can do to prevent earthquakes, you can take other steps to ensure you’re able to manage expenses even when surprises arise. Here are five simple tips to help you stick to your business budget in 2015:


  • Establish a written budget and update it monthly, if not more often. A concrete plan that you can refer to regularly will help you avoid impulsive spending and anticipate costs.
  • Enroll in a TXU Energy business electricity plan. Our small business electricity plans can help you manage electricity costs, usage and billing. For example, the TXU Energy Monthly Saver plan provides small- and medium-sized businesses with a $25 credit when their monthly usage reaches 500kWh, and another $25 if it reaches 800 kWh.
  • Leverage technology to streamline operations, reduce costs and stay competitive. Tools such as accounting software can help you stay on top of billing and expenses and manage your cash flow. Email can help you respond quickly to customer inquiries. The U.S. Small Business Association offers additional tips for using technology to your advantage.
  • Know where you can cut costs before a crisis occurs. Every good budget should have some “wiggle room” – money you’d like to spend but could live without if you had to. By knowing in advance where your wiggle room is, you can avoid making reactionary decisions – which might not be the best options – in potentially budget-busting moments.
  • Maximize low or no-cost marketing tactics, such as social media. Marketing can help your business grow, but when a budgetary emergency occurs – or business is down overall – marketing budgets are often the first thing to be cut. Keep yours lean and effective by exploring ways to leverage social media marketing.


With some advanced planning and the right tools, you’ll be able to keep your small business on budget in 2015, no matter how things shake out.  For more information, visit