As an entrepreneur you tend to wear many hats. Often working alone or with a small amount of support, time quickly becomes a commodity that you don’t have much of. From managing finances to clerical tasks and providing customer service, there can be a lot to take on. Fortunately, there are efficient solutions for entrepreneurs that can help them streamline processes.
Thanks to modern technology, there are a plethora of resources that you can tap into to save time and money while also improving productivity. Choosing the right technologies for your small business, however, will require an assessment of your immediate needs, budget, and extensive research to discern which investment will have the best return. To give you an idea of the solutions that are out there at your fingertips, let’s have a look at some of the most popular technologies:
VoIP Phone Systems
Looking to simplify your phone system? There are several options that go above and beyond the typical landline. Many businesses have turned to Voice over Internet Protocol communication systems (VoIP). VoIP phone systems essentially convert voice to digital signals that are then transmitted over the Internet. One of the best facts about VoIP phone systems is the amazing features for simplifying communications while also providing an added layer of professionalism. Features like call waiting, call forwarding, virtual extensions, music while on hold, voicemail, and more make it an attractive investment.
Cloud Based Invoicing
Does your business frequently send invoices to clients? The managing of cash flow through invoicing is a tedious task. From drafting invoices and distributing them to managing payments and sending out communications it can be a lot to take on. To simplify invoicing processes, you might consider investing in a cloud based invoicing system. There are several types to choose from each offering their own set of features and advantages. Basic platforms would allow you to create, store, and send invoices to clients while more advanced systems might allow you to schedule reminders, accept payments online, generate reports, and much more.
Social Media Management Tools
Marketing is another major aspect of your business’s success. As trends continue to change along with consumer interests, it is imperative to remain relevant in the minds of your target audience. Social media is currently one of the most efficient ways to develop your brand and communicate with consumers. However, if you have several social media accounts, managing them all can take a great deal of time.
Resources such as social media management systems can simplify the process for you. With features including the means to view all of your accounts at once, schedule and respond to posts, and analytical reports to further enhance your social media marketing efforts available, you can tackle a great deal from one platform.
Time Management Tools
Do you find that there is never enough time in the day to get things done? A lot of times, you don’t realize how much time you’re spending on unnecessary assignments. Time management tools on the other hand can help you stay on track. Time tracking tools would allow you to get an understanding of how much time you’re spending on each task. Digital calendars on the other hand are great for reminding you of upcoming appointments and projects. There are so many time management tools and applications that can be used to your advantage. Each ensures that you’re getting everything done within the timeframe you’ve set for yourself.
This is just the tip of the iceberg when it comes to technological resources to streamline your business practices. Each of these suggestions can be a great way for you to save both time and money while getting the job done efficiently. As you look for technological solutions for your business, be sure to do comparative research to determine which tools will yield the best return.