There has never been a better time to conserve your resources than now. We live in a technological age when things are not only meant to be faster and easier, but also cheaper. For entrepreneurs who are forward thinkers, saving money for their businesses should be a priority. Certainly tapping into certain tools to save money for your business will help your business run more smoothly without you always looking over its shoulder in terms of finances. Here are five types of tools to save money for your business.

1. Mobile payment systems
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Evolving from the good old days, mobile payment systems have become more reliable for businesses to tap into. Yes, you can find such technology in small boutique shops to restaurant chains. With payment tools like Intuit’s GoPayment, payment has become more flexible for the customer and more cost incentive for the business owner, who can use this cash register system to accept payments through nearly any smartphone. With this payment tool, your business can travel easier and can effortlessly take payments for your goods and services.

2. Cloud-based groupware

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If you want to be more enterprise-focused but don’t want to pay for an Exchange server, cloud-based groupware could be the answer for your business. You may also want to go beyond just getting by with the standard Gmail and Drive. For your groupware needs, you could try Zoho and Google. Zoho offers several tools on its platform that can help you expand your business in a number of ways. Cloud-based groupware could be one valuable tool that does not drain your company budget.

3. Website builders

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Having capable hands to help build your website could be beneficial to your business. It’s wiser to make use of website builders instead of relying on website design companies. The truth is that you have to consider the ranking of your website, cost, and efficacy when you are thinking of building a website. This is why it is important to be meticulous in your choice of who you hire to take charge of building your website.

4. Crowd sourcing

You may call it amateurish or undependable but you will be amazed at how many individuals and companies are using this tool to achieve their cost effective goals of funding their projects. Crowd funding or crowd sourcing can be a very helpful tool in helping to get your business off the ground and expanding on other projects for your organization. Crowd funding can be achieved through channels like Fundable and Kickstarter. If you are a business owner, you can use this unconventional medium to get your business off the ground and save on using the more traditional approaches to getting funding for your business.

5. Linux and Open Source

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What Linux and Open Source have been able to accomplish during the past couple of years is to establish a more concrete business interaction between customers and hardware. It has been able to prove that more can be done with a user interface rather than the traditional process of simply a Start button or a task bar symbol. Linux and open source are actually business-ready platforms that prove that businesses can work with tools like human resource management, customer resource management, and other similar resources. Otherwise, such resources might not be accessible to business owners. By helping businesses attain more and save more money, the Linux server or the desktop has proven to be a valuable tool for businesses.

Although not all these tools can prove beneficial for your business, you should understand that there are many tools out there that are not only applicable to your business but can help you save more money and work more efficiently.

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