Being an entrepreneur is a very demanding job. But there are a few apps that can help an entrepreneur to stay on top of their game. It seems like every day, there is a new app or website created to help people with their business.
Payment Processing
A payment processor that handles electronic transactions is a beneficial must-have in today’s business world. The payment processor communicates between your bank and your customer’s bank or credit card company. Some things that you might look for in choosing a payment processing system are: cost, the number of credit cards it will work with, and customer support.
Mobile Scanning Apps
Mobile apps allow your customers to interact with your business such as: scanning menus, accruing loyalty points, making online orders, and paying for goods and services. You can use mobile apps to track your sales and analytics and integrate your social media apps. You can also convert a photo to a PDF file on your iPhone, which can be helpful if you need to print something for work.
According to Clutch, people spend on average five and a half hours on their mobile devices each day. On top of that, 79% of smartphone users have made a purchase online using their mobile devices. This contributes to $339.03 billion in mobile revenue sales in 2020. There are many business mobile apps to choose from, so you might want to look carefully to choose the one that works best for your type of business.
Social Media
There are over 3.6 billion social media users in the world and that number is projected to be 4.41 billion by 2025. According to new data from Sprout Social, more than two-thirds (68%) of consumers have already purchased directly from social media and nearly all (98%) consumers plan to make at least one purchase through social shopping or influencer commerce this year.
These can be enormous factors in your sales and marketing strategy. You could use it to attract new customers, convert them to leads, and maintain engagement with existing customers. Some social media apps that work well for business are Facebook, Instagram, and Twitter.
Accounting Systems
There are also advanced software apps to understand business operations so that you can boost profits and run your company more effectively. For example, you can utilize software that allows for smoother invoicing, streamlined payroll, and real-time account transaction updates. https://www.xero.com/uk/ is one of these.
You’ll be able to reduce fraud for you and monitor your customers to ensure secure transactions by verifying user identities.
Also available to you is accounting software that has its own app so you can manage your business’ money effectively on the go. The right accounting solution will make it easy to organize and store receipts so you can get the most deductions while remaining compliant.
If you’re looking to start your own business, you might need to invest in yourself and the entrepreneurial platform of your choice. Apps can help entrepreneurs with their personal life, money, and more. They can also help you do more for less time (or just less).
By Dorothy Watson
Sue Firth offers professional mentoring for business owners and senior executives who want to succeed. Reach out today to get started!
