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5 Type Of Tools To Save Money For Your Business

5 Type Of Tools To Save Money For Your Business

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.

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    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.

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      3. Website builders

      Website Under Construction

        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.

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        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.

          Featured photo credit: PicJumbo via picjumbo.com

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          Casey Imafidon

          Specialized in motivation and personal growth, providing advice to make readers fulfilled and spurred on to achieve all that they desire in life.

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          Last Updated on March 29, 2021

          5 Types of Horrible Bosses and How to Beat Them All

          5 Types of Horrible Bosses and How to Beat Them All

          When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

          What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

          The Dream Type Of Manager

          My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

          I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

          My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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          “Okay…”

          That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

          I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

          The Complete Catalogue of Bad Managers

          The Bully

          My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

          However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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          The Invisible Boss

          This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

          It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

          The Micro Manager

          The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

          Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

          The Over Promoted Boss

          The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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          You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

          The Credit Stealer

          The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

          Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

          3 Essential Ways to Work (Cope) with Bad Managers

          Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

          1. Keep evidence

          Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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          Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

          Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

          2. Hold regular meetings

          Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

          3. Stand your ground, but be ready to jump…

          Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

          However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

          Good luck!

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