Cloud Technology is Transforming Small Business Landscape
Small & Medium Business: Grow 26% faster & be 21% more profitable
A research by Deloitte and Google found small and medium business (SMB) adopting cloud technology grow 26% faster and are 21% more profitable than business which don’t adopt. Small business needs to act and adopt cloud technology to empower them to concentrate at what they are good at and streamline administration to reduce cost and increase profit. Business adopting technology also has advantages on employment, given the millennial generation is the main work force and they are technology intensive.
Technology is changing the landscape of businesses, no matter big or small. Everyone knows that technology empowers business to increase efficiency and reduce cost, but technology used to be expensive and hard to deploy, only big business can utilize. But not now, with the advance of cloud technology and available of smartphone, all kinds of industry specific software solutions are available with much lower entry barriers, even small business can sign up and put into practical use immediately. Even better, these kind of cloud solutions are offered as monthly subscriptions, and small businesses do not have to spend too much on this solutions, some even offer free services for small business.
Some small business ready cloud solutions like:
- Cloud Accounting: Xero, Quickbooks Online or MYOB Essentials
- Cloud Email Solutions: Google Apps or Zoho Email (offer free version for small business)
- Timesheets and Scheduling: Deputy, Tsheets
- Job Management for Small Business: ServiceM8
- Project Management for Small Business: WorkFlowMax
- Group Collaboration: Asana
- Ecommerce: Shopify, BigCommerce
- POS Solution: Vend
- Email Marketing: MailChimp, Constant Contact
- Cloud Storage and Document Collaboration: Box, Dropbox, Google Drive
There are more solutions for every industry or every business pain points, however this also causes problems for small business, who lack the information to decide the suitable solutions for them and do not know where to find the proper consultation, which is expensive sometimes. In most cases, accountant is the only trust worthy advisor for small business, and that is also the key reason that small business needs accountant who is embracing cloud technology and can guide the directions for small business owners to implement cloud solution in a cost effective and efficient way.
EasySMB - technology proficient accountant
EasySMB is a technology proficient accounting firm, we are certified partners of various small business cloud solutions and also we understand and apply technology and integrate cloud solutions with accounting to increase your efficiency, reduce your administration burden, and help you to build a professional presented and more profitable business in a cost effective way.
Please give us a call and see how a technology proficient accountant can empower you to build your business.