Being a small business owner is a challenging job and it feels that it is getting harder and harder every day. The good news is that various type of software are becoming less and less expensive, allowing smaller companies to get the same kind of efficiency and productivity that was once reserved for larger companies. Today, we will be talking about 5 types of software that help small businesses grow and bring in more revenue.
One of the more difficult things for most small business owners is running the books and making sure everything is up to code and up to date. The good news is that the new software solutions for these purposes are better and simpler to use than ever before. For the really big accounting matters, you might still need the services of a professional accountant, but when it comes to day-to-day business and keeping track of everything, accounting software just cannot be beat.
Freshbooks and QuickBooks are the most common choices for smaller companies.
Human Resources Software
It can be difficult to do HR properly in a small business. Simply put, you do not have the time, the money and the expertise to run your HR like a large company and, unfortunately, this can cause quite a bit of trouble. Namely, without proper HR practices, you are open to hiring the wrong people and to significant employee turnover, which can be a real drag.
Luckily, nowadays you can choose among a wide variety of HR software solutions that can do wonders for a small company, providing the kind of features that only large corporations could get in the past. Zenefits and BambooHR are a couple of great solutions.
While we are on the subject of amazing solutions that used to be reserved for only the largest corporations, we cannot forget about Intranet. Intranet is an internet-like environment that is set up for a single company, in your case, a small business. It is used for collaboration, for exchanging files, for working on projects, sharing important information and more. If you want to learn more what you can expect from the best intranet solutions, check out the info at this link.
Interact Intranet and Microsoft’s SharePoint are the only two intranet solutions you need to know about.
Social Media Software
We live in the age of social media and if your company is not doing Twitter, Facebook, Instagram or some other social media channel, it does not exist. Social media is a great way to promote your business, stay in touch with your customers and even provide customer support. In fact, there are companies that are using social media to recruit new employees. Since time is scarce when running a small business, you will need a bit of help to stay organized and regular on social media.
The two solutions that come to mind first are HootSuite and SproutSocial.
Business Intelligence Software
For decades, only the biggest, richest companies in the world could afford business intelligence departments and software. Simply put, the technology was too expensive for small companies. Thanks to the huge strides in computing powers, database science and some other advancements, business intelligence solutions are now offered to small business as well, following the SaaS model. With business intelligence software, your small company will be able to gain spectacular insights into the market and your industry, helping you make all the right decisions along the way.
Necto and SAP BusinessObjects are the leading solutions on the market.