5 Essential Business Tools Every Entrepreneur Needs

Launching your own business may seem scary at first, but it can be a rewarding challenge if you have the right tools under your belt. Hundreds of small companies are launched every day and the secret to long-term success is hiring passionate employees and securing the right business tools. If you want to set your company up for success, here are the top 5 business tools every entrepreneur needs to thrive.

Task-Management Software

Running a successful business requires you to complete numerous tasks quickly and efficiently. Keeping track of all of these tasks can be incredibly difficult, especially if you have several employees with different responsibilities. Investing in task-management software is a great way to streamline the process so you can check items off your to-do list in an organized manner.

The right software can also help you divide tasks and delegate responsibilities evenly among your employees. Investing in software tools such as WorkFront can help you with time management and ensure your tasks and responsibilities are completed in a timely manner.

Marketing Tools

No company can be successful if potential customers do not know it exists, so marketing is a vital aspect of success. Whether you prefer to outsource your marketing campaign or launch it yourself, using the proper tools to cater to your audience is essential. There are many strategies and tools you can use to advertise your company, including those listed below.

• Social media platforms
• Email marketing campaigns
• Printed marketing materials
• Grassroots campaigns
• Community events

 Phone Systems

It can be exhausting keeping up with customer calls, especially if you own a small company that does not have a specific customer service team. An automated phone system can help you deal with an influx of calls in an efficient manner. This tool allows you to answer common questions without tying up employees. You can also take orders, allow customers to make payments and register complaints as needed.

There are many types of phone systems that could be beneficial for your company. Along with automated systems, you may want to invest in a PBX phone system that allows your company to transfer calls between multiple extensions and departments. Small business PBX essentials are especially useful in streamlining communication for startups.

Hiring Software

As your company grows, it is essential to make good hires. Hiring passionate people who believe in your company’s goals can have a drastic impact on your business. To help with this process, hiring software is a good investment. Websites such as GoodHire will perform background checks, verify degrees, screen credit reports and review resumes that meet your criteria to help you find employees who would be a good fit for your company.

This is important because it frees you up to focus on other areas of your business that need your attention. Instead of spending a significant amount of time sorting through resumes to find good candidates, you can let hiring software do the job for you.

Accounts Tools

Accounting is one of the most critical aspects of running a business effectively. It is imperative to track your figures and profits correctly. Without the proper tools, you may find it difficult to keep track of all of your company’s expenses and profits. The right software can make this process much easier by allowing you to enter the numbers in and let the system track your figures so you don’t have to spend time doing the calculations yourself.

Best Communication Strategies with Remote Teams

If you take the time to invest in the right business tools, you can set your company up for success from the beginning. These five tools make operating a business much easier and streamline many of the processes so you can free up some of your schedules to focus on other aspects of your business.