With technology today, it’s never been easier to streamline, promote, and run your company regardless of its size. No matter what your business does, there will likely be tricks and tools out there suited to your specific goals and niche. Here are four different ways that tools of the modern day can help you run and grow your business!
Start Accepting Credit Cards
There are many different payment tool options available to small business owners that can help them get past the steep fees associated with more traditional options. Internet-based payment services like PayPal, Dwolla, PopMoney, and Stripe all provide tools and services with minimal fees and charges, allowing you to accept credit cards at your business. In the modern age where credit cards are used almost everywhere, having this edge will be a boost to your competitive abilities. And the best part? Most of these services can be installed and run by just about anyone regardless of IT experience.
Use Tools For Inventory
There are plenty of free or cost-effective programs available that make keeping track of stock and inventory for you. Google Spreadsheets, for example, is easily accessible anywhere that you can log into your Google account. Through tools like this, you can keep an updated spreadsheet and track the product you need to order, what you’re out of, what you’re running low on, and what you intend to order soon. Never again worry about being caught in a surprise situation where you’re out of a product and didn’t know about it. There are even programs that will keep track of these things for you, without you having to manually enter data in.
Services like Orbit Analytics exist now, which takes all of the hard parts out of analyzing data. Before, you may have needed a fair amount of experience with IT-related fields in order to successfully mine and use data that could help you analyze your market. These days, all it takes is the right program or service.
Data analytics is a hugely important part of running a business, since it allows you to see where your market is, what tactics are working, and which ones aren’t. In knowing who to target and how to do it, you save money and resources while getting the maximum amount of bang for your buck.
Beef Up Security
Along with modern technology comes modern problems, like cybersecurity threats. Fortunately for small business owners like you, there’s an equal amount of cybersecurity protection programs that are dedicated to keeping your information safe. These programs are usually easy to install and maintain, allowing you to work with them on your own time and at your own skill level instead of feeling like you’re out of your depth.
There are plenty of everyday practices that you can employ even without having state-of-the-art security, too. Basic tips like securing your Wi-Fi and training your employees in security principals will go a long way in ensuring that you don’t have any security breaches or data leaks.
By employing these four simple tips, you may see an improvement in the functionality of your small business. Most importantly, your workload could potentially be lowered, allowing you to get more growing done instead!