Using Technology to Stay Competitive

As a small business owner in today's fast paced world, it is vital that you understand and utilize advanced technologies that are available to you and fit with your business.  Technology, used correctly, can help increase your business efficiency and even expand your operations.

Accounting
Gone are the days where a one-man shop had to keep financial records in a hand-written ledger book.  There are a myriad of options in accounting software and services that can help you see your profits and losses at a glance as well as set-up and track a budget.  Even if you use a CPA or bookkeeper, it is nice to have all your records in one place to give those professionals at tax time.  Some of the great options available are:

• Freshbooks - On-line and easy to use (my personal favorite)
• Quickbooks - Both on-line and hard copy available
• Outright.com - On-line service

Calendar & Email Management

Most business owners are reliant on functional calendaring and email solutions.  The advent of cloud-computing technology has made it possible to access your calendar and email from either your laptop, smartphone, or tablet equally well.  These new services also allow you to delegate your calendar and email management to your virtual administrative assistant like Administrative Business Consulting.  Here are the most popular options:

• Outlook.com
• Gmail and Google Calendar

File Sharing Platforms

Many teams are not located in the same building, let alone the same state, anymore, but you may not have the need (or capacity) for a stand alone network solution.  You may be working with clients and contractors, like your virtual administrative assistant, spread over large geographical areas and in different time zones.  This requires you to have a good, central place to share files and work collaboratively.  Cloud-computing has made these services easy to access and use across your different devices.  Some options include:

• Microsoft Office Skydrive
• Google Docs
• Dropbox

Technology is an integral part of every successful business.  There are solutions available for not only the large corporations but also for the small operations like yours and mine.  Most of these services are either free (to a certain point) or will allow you to run a free trial to see if it is a good fit for your business.  Embracing possibilities and new ways to be productive will help you secure your success in a rapidly changing business environment.