6. Should the budget for office supplies and repairs be reduced for the next

quarter? Explain your answer

Yes, if the business is slow, then you can cut short the budget for the office supplies as well as repairs for the next quarters, However, you need to do this intelligently. Like you can abandon commercial office, and work from home if your business permits it. Thus repairs will be reduced in cost, and also the office supplies.

Explanation:

Yes, if the business is slow, then you can cut short the budget for the office supplies as well as repairs for the next quarters, However, you need to do this intelligently. Like you can abandon commercial office, and work from home if your business permits it. Thus repairs will be reduced in cost, and also the office supplies like food which can be prepared on self in home, stationery can be bought for less, electricity cost is reduced as you need to pay now for only one place as your office and home both are same now, and you also save the transportation cost as well.

Also, you can barter business goods and services. Like if you have rented your office, you can provide your services free of cost to the landlord during a bad time in exchange for monthly rent. You can also cut the insurance cost, and also make most out of your time through proper planning. All this is possible. And hence you can reduce the budget for the next quarter for office supplies and repairs certainly.