Online Tools Small Businesses Need to Use in 2017
It’s not possible to survive as a business in 2017 without having a strong online presence. Technology is here to stay and you need digital tools to make the most of the limited resources you have as a small business. The good news is that there are plenty of such tools that will help make you make doing business a lot easier and more straightforward.
Here are some of the top tools your small business needs to use in 2017.
TrackSmart
If your small business employs a small (or big) team, you should use online tool TrackSmart. The web-based time and attendance software will make it super easy to keep track of shifts, time off, vacations and other such HR elements. You can even create
…show more content…
Snappa
Snappa is a great media tool that helps you create beautiful and powerful graphics to use on social media, ads and blogs. It’s a solid alternative for Photoshop – much easier to use and plenty of beautiful templates you can use and tweak. You can also upload your own messages. One of the best uses for Snappa is the ability to make infographics. You can trial the tool before committing to the monthly subscription.
muvee
If your business requires the use of video as part of its service or even the ad materials, you should consider muvee. The software tool is a video editing system that you can use to create stunning clips with the help of video or photos. You can incorporate music and other effects in an instant and the tool will help you make decisions that lead to the best results.
Quickbooks
Accounting can take a big chunk of your time. But it’s also something your business wants to get right because it can mean the difference between a profitable year and a non-profitable year. To make the most of your finances and ensure you spend a fortune on private accountants, get the online tool QuickBooks. The accounting software will help with budgeting, tax compliance, invoicing and financial planning. It’s super easy to use and it can provide you a cost-effective solution to this tedious task.
Sliptree
Another great money-management tool is Sliptree.
The provision and use of personal protective equipment could include using gloves, glasses, earmuffs, aprons, safety footwear, dust masks.
Cutting Edge should allocate a computer that will work well with QuickBooks’ Windows based software. Next, gather every transaction receipt that you have from this year for your business, as these items will help me gain more insight about how and with whom you do business. Please provide detailed notes on how you would like the services, inventory, and supplies at your business to be listed (item name or pt#), and an idea of your preferred wording for descriptions of these items in the system. Please contact me when you are ready to proceed with this project, and don’t hesitate to call if you have any
The Small Business Administration “aids, counsels, assists, and protects the interests of small business concerns.” They assist small businesses by providing them with whatever is necessary and will not stop until they get the business to be successful without their assistance. Although they are not able to give the business all of the necessities they need, they do their best and as much as they can do. Their motto is, “Aid, counsel, assist, and protect insofar as is possible, the interests of small business concerns.”
For my project, I ran Coffee-Roma, a coffee shop located in the business district of a large city. My simulation ran for 60 days. Over this timeframe, I hired 7 employees and earned gross revenues of $89,984.20. From those revenues, my net profit totaled $14,046.83. Below are the details of how I attempted to best run my business.
QuickBooks and Sage 50 Accounting are both great options for small business accounting. These programs help manage business finances which can drastically save time that may have been spent creating Excel spreadsheets and more. However, while both programs are sufficient for small businesses, the programs differ based on what they can offer your company.
Good business accounting softwares do a few things well: Track income and expenses, manage estimates, invoices and customer payments, and give you a clear year-end financial reports. Really large accounting applications also allow you to create and manage inventory and track the cost of goods sold. FreshBooks excels in almost all these areas, but only has 19 reports. Although this is much less than you find in most office accounting
Numerous large businesses that are operating today were once started as small businesses. A new business is established to create a good or service that no other businesses have ever created or simply a product of higher quality than existing products, with the purpose of meeting customers’ needs and earning profits. Due to the technological advances at the present time, starting and operating a new business is less laborious. Nevertheless, would-be entrepreneurs should be familiar with the proper approaches to start their businesses.
It provides the most comprehensive tools for small business financial management. It is used to track expenses, prepare and send invoices, prepare financial statements, track inventory levels, and many other jobs that small businesses must perform to stay successful. New versions like Simple Start for new businesses and Enterprise version for larger businesses is currently out on the market available to purchase. Besides the desktop software, QuickBooks is offering an online version which is hosted though the online edition.
1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why?
Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the
Negotiating is a practice that allows for two sides to reach common ground and agree upon a specific settlement or transaction. During this at times complicated process, the bargaining sides develop a measure together to move forward in their business process. As a lead negotiator of a small firm, the research and analysis of the sought after contract has to be thoroughly conveyed to the U.S. Government. The small business’s negotiating team should be very familiar with the federal negotiating team and all that the federal government is expecting from the product they desire. As there are hundreds of competitors out there, it is safe to assume that there are multiple products out there. However, the negotiating firm of the small business must use different negotiating gambits and pay particular attention to the body language and examine the language used during the entire process.
QuickBooks software can be easily learned by the beginners. The people involved in creating this software can be contacted anytime in order to learn to operate the software.
Sri Lanka has immense economic opportunity for aspiring entrepreneurs. The route that I would personally take if I lived in this country would be the venture into the Information technology industry. Sri Lanka is a developing country and with that IT can be a promising venture for any entrepreneur. According to the CIA, only 32.1% of the population are internet users and this could convey a possible business opportunity to inspiring entrepreneurs. A business startup that targets this market could bring immense value. The allocation of resources to achieve this could be a troublesome matter, but it could be done with hard work. There is competition in this industry, but an entrepreneur could set themselves apart from
QuickBooks is a software used by many small businesses and is designed to help manage payroll, inventory, sales and other needs of a small business. The new accounting software is more cost-effective than other existing ones and deters the need for a personal accountant. It’s simpler to use and will be of value for the business and the salesmen behind it. QuickBooks helps with everyday organization like keeping up and managing cash flow, invoicing, reports, taxes and payroll through your computer or phone screen. The software's main purpose is to alleviate the use of multiple tables and graphs, spreadsheets, and tracking sheets that are necessary to document and maintain accounting tasks for a business. You don’t necessarily need a
plan to use when trying to secure a small business loan or line of credit or to plan for the future.