No matter how small your business is, it’s a tedious task for a business owner to manage every small stuff. How do efficiently manage time in small businesses?
The Root – cause
In small business the major mistake the business owner does is to try and manage all the decision taking tasks by themselves. While they want to do that they should consider to automate some of their data which is required for them to right decisions. For instance a supplier should know when the stores are going out of stocks in advance and thereby he can restock before they run out of them.
In this Modern era of digitalization every small business requires a software for easy maintenance. No matter what you sell, produce or service you require to maintain the ledger of income for your growth. But with the modern technologies the cost of digitalization is quite huge. Small businesses usually will have less manpower and thereby management of the product or process is a challenging task
Solution:
There are readily available software like ERP, DMS (Distribution Management System) and ecommerce applications which can aid even the small-scale industries with the convenience of managing the regular monotonous jobs. With such applications the business owner can remotely control his ledger and take decisions at right time.
In today’s world one can find a tailor-made package to digitalization at very affordable costs. There are many startup companies who are currently providing this type of services.
Be Cautious while choosing
While selecting such software application and services there the two major considerations to be made
a. There are big brand companies which can provide your application in top notch trending technologies and just get the software done. But they definitely will cost more
b. Small startups who can give you the same software at better rates, you may need a spend some effort to give them more insights of your requirements as they will have very less exposure to the business
So you need to choose the options based on your time and availability. Its your call to choose cost over time or vice versa