If you run a small business, you might actually have lots of small change lying around unnoticed. This management practice is quite typical of businesses where the proprietor is also the same person handling the books.

How do you get to leave small change lying around? Quite simple actually. Small businesses prefer to settle everything in cash even if credit was offered, as cash accounting greatly simplifies things. However, it may also lead to a tight cash situation making some advance acquisitions, which may make volume discounts, difficult.

Consider hiring a cost accounting consultant to go over where you can gain small change just by changing your operations habits. Perhaps you may actually find more areas to focus on.