By Julia Olson, Fattmerchant Content Strategist
Julia Olson is the Content Strategist at Fattmerchant, a flat-rate merchant services provider. She works to educate readers about the credit card processing industry, and loves spreading the word about Fattmerchant’s amazing technology solutions and honest processing.
As a business owner, your days can get hectic—which is why it’s so important to make sure you’re making the most of your time. In fact, the U.S. Small Business Administration reports that 62% of all businesses in the United States have less than 5 employees. This means most business owners don’t have the amount of help they need to really grow their business.
This is where smart, time-saving tactics really come in handy. Don’t let the success of your business rest on out-of-date processes that slow you down. Opt for simpler, more efficient processes to boost your business to the next level.
This is a basic one, but one that a lot of business owners overlook. Making sure your work space is clean and clutter free—whether it’s a coffee shop, office space, or your spare bedroom—will work wonders for your business’ productivity and success. Your staff will be more apt to focus in a neat environment, and tasks will take less time if everything has it’s rightful place.
Snail mail, checks, and cash are all making room for more advanced payment technologies like credit cards and contactless payments (Apple Pay). We all know this, but somehow a large percentage of businesses are still relying on outdated payment processes to fuel their business.
It pays to understand exactly what payment technology options you have as a business owner to make sure you’re catering to both your customers and saving yourself time and headaches. From automated invoicing tools like Fattmerchant Payments Online to chip card compliant countertop terminals, having the right payment technology is a must-take step to simplifying your life as a business owner.
You might think your current process of emails, spreadsheets, inventory clipboards, and file folders is working—but what if I told you there were hundreds of ways you could take all of this important business information and store it in one place? As many of you already know, there are new technology solutions popping up for small business owners all of the time. These tools help owners with their accounting, inventory management, customer management, marketing automation, and so much more.
Embracing these technologies, no matter how ingrained you are in your checklists and spreadsheets, will have a quick and noticeable positive effect on your business. Not only will your information be more securely stored in the cloud, these tools will serve as the much needed virtual assistant you never had the cash flow to hire. And the best part is a lot of these tools offer versions of their platforms for free!
Why it Matters
In order to stay competitive, every business needs to be looking for ways to cut costs and increase productivity. Even if your company has adopted most or all of the above practices, there are always opportunities to get creative and maximize your efficiency with simple solutions. Start here, and see your business grow!