Career Advice

5 Essential Tools for Small Businesses

We may receive compensation when you click on links to products from our partners.

Launching a small business is no easy feat. Not only do you have to have an innovative product or service that fills a gap in the marketplace, but you also need to provide excellent customer service and have access to the right tools if you want your company to grow. There are many tools that are beneficial for small businesses. Whether you are preparing to launch a startup or are simply trying to grow your company, here are five tools that will help you.

Starting a small business doesn’t have to be overwhelming. By using the right tools, you can streamline the process to reduce the workload on yourself and allow you to enjoy the challenge of running your own company.

Tweet This

Answering Service

Customers want to be able to contact your business easily when they have comments or concerns. It isn’t feasible to expect to be able to answer the phone every time it rings, especially if your company is still a one-person operation. However, if customers can’t get in touch with the company when they want to, they are more likely to turn to the competition. Installing answering service software could be the ideal solution. It can be customized to answer frequently asked questions and categorize calls so you can prioritize them appropriately.

Office Software

Running a business successfully requires a lot of office work. If you have employees, you need to keep their information on file along with payroll and sales information. You also have to keep up with business paperwork.  Keeping track of so much information can be exhausting, so invest in comprehensive office software that can store all of your information in one convenient place. This makes it easy for you to see how the business is performing overall.

Hiring Software

When it’s time to hire people for your business, choosing the right employees is essential. You need people who are as passionate about the company as you are because they are more likely to provide exceptional customer service. You will need to make a list of desirable qualities when you write up the job description. You must then screen applicants, conduct interviews, obtain background checks and complete hiring paperwork before beginning the training process. All of this takes a significant amount of time and could cause you to lose focus on other aspects of your business.

Using hiring software is a great way to reduce your workload. You simply input the job description and want you are looking for in potential employees and then the software will screen them to ensure only qualified candidates get interviews. This type of software even completes background checks and makes it easy for employees to complete initial paperwork.

Market Analytic Services

Analyzing the market to understand how your company is performing is a complex process. You may know how to perform this task but doing so thoroughly will take away valuable time that could be used for other purposes. Using a third-party analytics service saves you time while providing you with a comprehensive understanding of your company’s performance. You will only have to look at key factors to see which areas your business needs to improve in.

accounting Software

accounting software makes it easier than ever to keep track of your company’s finances. Keeping track of profits, expenses, and payroll can be overwhelming but the right software logs this information in one convenient place. You simply input the right numbers and the software logs it in a way that is easy to read and understand.

Starting a small business doesn’t have to be overwhelming. By using the right tools, you can streamline the process to reduce the workload on yourself and allow you to enjoy the challenge of running your own company. Get started with the five tools above and see how they can help you grow your business to its full potential.

What's next?

home popular resources subscribe search