Most entrepreneurs are open to tools that will help their business run more smoothly and efficiently, and business software is one of those tools. It’s a set of computer programs that performs business functions.
The logistics of running a successful business can be hard to navigate, but bespoke software development can make it much easier for you. For instance, if you manage a large number of images and videos, you may use a software with a computer vision AI platform that automatically labels each item.
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Here are six examples of business software you’ll need as a new business owner.
#1: Website-Building Software
All businesses— even if they operate fully in-person— can benefit from having a professional website. Your website will be the number one source for all information related to your business, so consider using something that will help you out like a CDI software. There should be an “About” section that tells a little about the history of your business, why you started it, and what you hope it can do for your consumers. There should also be a “Contact” section that includes the following:
- Address to a physical location (if applicable)
- Email address
- Phone number
- Social media links
- Hours of operation
Creating a professional-looking website isn’t as technical as it may seem. Software like Squarespace and WordPress can make it a lot easier for you to create a simple, yet professional-looking website. These software also provide several templates and customizable tools to make your website unique and stand out from the competition.
#2: Time Management Software
Time is the most important resource for both businesses and individuals (and so is money), so proper management of time is a must. Time tracking/management software helps you and your team see where most of your time is being spent, and how it can be put to better use for more efficiency.
MinuteDock and Toggl are two examples of time tracking software that are ideal for small businesses, freelancers, and other entrepreneurs. Just keep in mind that when it comes to business software, there are tons of options so you can find the software that works best for you. Hiring an It support service provider is also a really smart idea to help save you time, as well as money.
#3: Project Management Software
Project management software used in conjunction with time management software can help your employees become even more efficient. This type of software takes the complex projects and breaks them down into smaller tasks that are more easily managed by members of your team. Trello is an example of a popular project management software that allows your team to collaborate no matter where they are. Software development companies like Blacklight Software can provide you a project management software that will keep your employees organized and your clients happy with the progression of their projects.
#4: Ecommerce Software
Businesses that don’t have a physical location and operate completely online need an ecommerce software that will allow them to ship products to their customers. Shopify is probably the most well-known ecommerce software.
#5: Customer Relationship Management Software
Customer relationship management (CRM) software allows business owners to see how their consumers interact with their company. Having a solid understanding of how your business interacts with current and potential customers gives valuable insight on where to expand your marketing resources.
#6: Accounting Software
The accounting division of a business deals with all things related to money, so it’s a very important part of business— a part that needs to be handled with great care and expertise. Choosing the right accounting software can help manage your finances better. For businesses facing financial challenges, working with a company specialising in affordable liquidations can provide tailored advice and solutions to navigate tough situations.
Bookkeeping
Keeping track of all financial aspects of your business is a must, and this is exactly what bookkeeping software will do about it just for you. When your finances are properly organized, it’s easier for you to make important financial decisions for your business. Check out these free Excel bookkeeping templates that you can use for business or personal use.
Payroll/Online Payment
Payroll software such as Xero and online payment software such as PayPal will allow you to properly pay your employees and your contractors. These are some of the most user-friendly payment software available, but there are many more out there, such as QuickBooks and FreshBooks.
Taxes
Fulfilling legal tax obligations is difficult for both individuals and businesses, so having tax software can save business owners some headache. It’s also important that tax software be easy to use, because complex tax software can give business owners even more of a headache.
This may seem like a lot of different software to have for one business— and these aren’t even all of the different types of business software offered. Fortunately, there are software companies that can provide you with multiple business software in one application, plus a managed service to house all of your business software.
Software is a necessary part of a business to make operations run smoother. It’s an investment in your business that has an upfront cost, but will save you much more money in the long run. Plus, it makes your business run more efficiently.
