Entrepreneurship has always been the heart of the American Dream, as well as the bedrock of American capitalism. With each passing century — or even decade — people have managed to improve upon the way they do business. In recent decades, computerized technology has taken commerce to new heights.
Even though the business world is more competitive than it’s ever been, it’s also easier than ever to start a business. If you have an idea for a business, a little capital, and some spare time and the internet, then you can grow a burgeoning company from the ground up. If you’re a newbie entrepreneur in the process of building your enterprise, then here are some tools that will make your job much easier.
Cloud Technology
Over the past decade, there’s been a lot of talk about cloud technology and what it can do for businesses. Whether you know it or not, you’re probably already using some form of cloud technology for your business operations already. Even mobile apps are a type of cloud technology.
Cloud computing gives businesses access to powerful software programs that they don’t need an IT team to manage. Software programs that are run in the cloud are typically managed by their vendors and are largely automated to make them user friendly.
There are cloud-based software programs for everything. From virtual offices for teams who work remotely to social media marketing and big data analytics, the cloud is widely used in the business world. Turbot is a cloud technology that allows you to centralize your cloud-based enterprise infrastructure across all of the platforms you use. You can sign into all of your accounts in the cloud with one sign in and even create a login hierarchy to dictate access to different programs and much more.
Inventory and Revenue Management Software
If you do even a fraction of your business online, then you need a way to keep track of your online revenue as well as manage your inventory. A lot of eCommerce merchants sell their products through Amazon and even though Amazon manages order fulfillment and shipment, you still have to handle the backend operations.
SellerMobile is a cloud-based Amazon seller software that helps you with everything from tracking your packages to tracking your Amazon revenue. You can even use the software to create invoices and print labels for your packages. This software also has an inventory management tool that helps you utilize analytics to come up with a restocking strategy based on product demand.
Payroll and Accounting Services
If you’re new to running a business or have been the sole operator of your company, then you have a lot to learn about recruiting and managing your team members. A lot of small businesses run into personnel issues in the beginning, but you can mitigate many of those problems by outsourcing your accounting and payroll operations.
As an entrepreneur, you will have to make a lot of payouts in your time. By using an online check writing service like SmartPayables, you can automate or outsource all of your check writing needs. You can even mail out payments online without ever having to touch an envelope or sign a check.
Social Media
Chances are that you’re already active on at least one social media platform, right? Well, did you know how powerful a tool social media is for small and new businesses?
To give your business the best shot at success, you should be marketing it even before you open. You don’t have to take the traditional, more expensive routes like television, radio, and newspaper ads when you already have a bunch of friends and followers on social media.
Social media marketing allows your business to create and control its own narrative while interacting with potential and loyal customers. Social media is one of the best and most cost-efficient ways to get the word out about your new company.
