3 Essential Technologies You Should Adopt for Your Small Business
Small business owners need to rely on cost efficient software and tools to supplement their operation. With a low budget and limited resources the right tools can really make or break your business. Luckily for you there are plenty of tools out there that are made to accommodate and properly scale with you when the time is right. Here are three essential technologies you should adopt for your small business today.
Time Management and Appointment Scheduling
Time is money. Being able to optimize your time and focus on what generates your business revenue is a very important skill to adopt. One of the biggest wastes of time is scheduling appointments. As a small business owner you’re going to be constantly scheduling meetings. Whether it’s for a potential partner or client you’ll likely speak to ten before you lock one in. This is why many executives have a personal assistant or secretary for this matter. It’s seriously a full time job.
As a small business owner you likely don’t have the extra cash to hire a full time secretary. That said, you should look to adopt an appointment scheduling software. One of my personal favorites is Calendly. This service lets you create a custom calendar for yourself or business and even offers a free version that takes care of basic tasks.
To schedule meetings simply send your client a link to your schedule and they can book a time that works for both of you. Calendly syncs with your Google Calendar as well so as long as you keep all scheduling to these two services you shouldn’t have any overlap!
Collaboration and Teamwork
Regardless the size of your business, communication and efficient collaboration is key to survival. If you’re a smaller business then your team will be in constant communication throughout the day. It’s a good idea to adopt teamwork and collaboration software early on since it will set a precedent for how the team works with one another. Here are a few services you may want to look at:
- Trello provides a wide variety of project management and collaboration features for free. If you want to upgrade to more advanced features you can easily upgrade and opt in to a fairly affordable subscription fee.
- Google Drive offers a very basic set of collaboration features. There’s a good chance you’re already using this service. Google drive works best in tandem with other communication tools.
- Slack is far and away my favorite communication and collaboration tool. Slack offers a basic free package that you should be able to use for the majority of your businesses early existence.
Online Payments and Invoicing
One of the most important tools to adopt is an online payments solution. Consistent cash flow is vital for your survival. These online payment tools allow you to get paid quicker and more often. Look for a solution that provides features like online invoicing and cloud accounting. Additionally you can even access these platforms from your mobile device so you can manage your finances on the go.
Digital payment solutions will save you the most time when tax season rolls around. Instead of keeping all your records on excel spreadsheets or even worse in a file cabinet, you can easily export a CSV file directly from the software and use that. Many of these platforms offer tiered pricing so you can easily scale your business with the platform without eating too far into your budget.
We live in a world where there’s always going to be “an app for that”. That said – you’re going to need to utilize these tools if you want to compete. If you haven’t done so already I highly recommend implementing these three software tools into your business.